Goods produced that go into inventories are
A) not counted in GDP.
B) only counted in GDP when they are ultimately sold.
C) counted in GDP even though they are not sold.
D) counted if they completely depreciate within the calendar year.
Correct Answer:
Verified
Q5: One difficulty of computing the value of
Q159: Suppose your expectations of long-run income decreases,
Q160: Lower real interest rates
A)tend to shift the
Q161: U.S.imports are most likely to increase when
A)U.S.GDP
Q162: Residential construction (new houses and apartments) are
Q163: If the Japanese economy is currently suffering
Q165: When computing gross domestic product, government services
Q166: In calculating the nation's total output, net
Q167: Among the following, which would not be
Q169: The equation representing the final demand approach
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