Which of the following is likely to be included in a country's GDP for a particular year?
A) The total amount of steel used in the production of automobiles in that year
B) An unsold inventory of automobiles produced in that year
C) An unused stock of goods produced in the previous year
D) The total amount of flour used by bakeries to make bread in that year

Question

Quizplus · Accepted Answer

Unsold inventory of automobiles produced within the year is counted in the GDP as it represents the production of goods within that year, regardless of whether they were sold or not. GDP includes all goods produced within a country's borders within a specific time period, including those added to inventories.

Which of the Following Is Likely to Be Included in a Country's