Suppose that inventories were $80 billion in year 1 and $70 billion in year 2. For year 2, national income accountants would
A) add $10 billion to other elements of investment in calculating total investment.
B) subtract $10 billion from other elements of investment in calculating total investment.
C) add $75 billion (= $150/2) to other elements of investment in calculating total investment.
D) subtract $75 billion (= $150/2) from other elements of investment in calculating total investment.
Correct Answer:
Verified
Q51: The ZZZ Corporation issued $25 million in
Q52: National income accountants define investment to include
A)
Q53: If the economy adds to its inventory
Q54: In national income accounting, government purchases include
A)
Q55: The largest component of total expenditures in
Q57: Government purchases include government spending on
A) government
Q58: Q59: In the treatment of U.S. exports and Q60: The smallest component of aggregate spending in Q61:
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