Inventories are
A) included in the measurement of capital goods.
B) included in the measurements of intermediate goods.
C) fully included in annual measurements of GDP.
D) included in measurements of GDP only if they have changed from the preceding year.
Correct Answer:
Verified
Q3: Intermediate goods are
A)capital goods, which are used
Q4: Capital goods are
A)not counted in the GDP
Q5: Which of the following statements is true?
A)GDP
Q6: Which of the following statements is true?
A)Capital
Q7: Which of the following statements is true?
A)Total
Q9: The A company collects bushels of wild
Q12: The three approaches to measuring economic activity
Q15: The measurement of GDP includes
A)nonmarket goods such
Q17: The value added of a producer is
Q23: GDP differs from GNP because
A)GDP = GNP
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