Gross domestic product a. does not include transfer payments or financial transactions. b. only includes​ "final" goods and services to avoid double counting. c. does not include the transfer of​ second-hand goods. d. all of the above.

Royal motor corp. generates a major portion of its revenues by manufacturing luxury sports cars. however, the company also derives an insignificant percent of its annual revenues by selling its sports merchandise that includes apparel, shoes, and other accessories under the same brand name. which of the following terms best describes royal motor corp.? a. aconglomerate b. a subsidiary c. adominant-businessfirm d. a single-business firm