Jeff is an entrepreneur who decided to start an online bakery. Since all his business will be done online and he can bake in his home kitchen, he is saving building and other brick-and-mortar costs that allow him to pass these savings on to his customers. Reducing prices to customers is an element of Multiple Choice resource distribution equilibrium pricing productivity competition efficiency measures changes in the prices of goods and services purchased for consumption by typical urban households. Multiple Choice Consumer price index Worker productivity Trade balance GDP Per capita income Which statement is true about GDP as a measure of a country's economic health? Multiple Choice O It does not include profits earned by foreign companies within the country being measured. It measures only those goods and services made within a country. It essentially takes into account the concept of GDP in relation to population. It does not include the services produced in a country It includes profits from companies overseas operations In the history of the American economy, the period following the Industrial Revolution was known for an increasing emphasis on Multiple Choice manufacturing agriculture Information Services artisanship