The local Chevrolet dealership has an increase in inventory of 25 cars in 2012.How will the sale of all 25 cars in 2013 affect the GDP?
A) The value of the cars will be counted as part of GDP in 2012, but not in 2013.
B) The value of the cars will not affect the 2012 GDP, but will be included in 2013 GDP.
C) The value of the cars will be included in both 2012 and 2013 GDP.
D) The value of the cars will not be included in GDP in 2012 or 2013.
Correct Answer:
Verified
Q43: A Canadian company owned by a Japanese
Q46: Which of the following best defines national
Q48: Which of the following is included in
Q50: Which of the following is counted in
Q50: Anna,a Canadian citizen who works in Germany
Q51: How is gasoline treated in GDP terms?
A)
Q52: National income differs from net national product
Q55: Which of the following is counted in
Q55: In the national income accounts, what is
Q56: Which of the following is included in
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