Goods that are produced this year, stored in inventories, and then sold to consumers next year

Question

Quizplus · Accepted Answer

Goods that are produced and added to inventories in the current year are counted in the GDP of the year they are produced, not when they are sold. This is because GDP measures the total value of all goods and services produced within a country's borders in a specific time period, regardless of when the sales occur.

Goods That Are Produced This Year, Stored in Inventories, and Then