If we excluded stocks from GDP, we would be measuring sales not production.
Correct Answer:
Verified
Q134: When an economy is in the recessionary
Q135: When the economy is at the peak
Q136: The products produced by UK citizens when
Q137: The factor incomes generated from the production
Q138: Household's disposable income is given by: GDY
Q140: Since GDP does not take into account
Q141: GDP includes all transactions in which money
Q142: What are the four major concerns of
Q143: List some of the causes of economic
Q144: Distinguish between actual and potential economic growth.
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents