If a firm finds that it has a larger stock of inventory at the end of the period than it had at the start,the difference would be:
A) counted as investment.
B) subtracted from total GDP.
C) counted as consumption on the assumption that it will eventually be sold.
D) counted as net exports.
E) indeterminate.
Correct Answer:
Verified
Q48: Household consumption:
A) only accounts for about 20
Q49: Exhibit 11-3 GDP data (billions of dollars)
Q50: Exhibit 11-2 GDP data (billions of dollars)
Q51: Gross national expenditure (GNE)is equal to:
A)C +
Q55: Which of the following would not be
Q56: Assume that household consumption is $500 billion,gross
Q57: Exhibit 11-3 GDP data (billions of dollars)
Q58: If a firm buys a dozen new
Q58: Exhibit 11-3 GDP data (billions of dollars)
Q60: Narrbegin Exhibit 11.1 Expenditure approach
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