Bob's Funky T-shirts began the year with 1,000 shirts in inventory,produced 10,000 shirts during the year and ended the year with 1,100 shirts in inventory.The 100 shirts added to his inventory will be classified as
A) consumption expenditure.
B) investment.
C) net exports of goods and services.
D) exports of goods and services.
E) nondurable consumption goods.
Correct Answer:
Verified
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A)within
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Q19: If you make dinner for yourself,
A)the market
Q20: Gross Domestic Product is the market value
Q21: Which of the following is included as
Q23: Which of the following correctly describes a
Q24: One bag of coffee beans is sold
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A)capital
Q26: If a firm does not sell all
Q27: Investment is the expenditure done by
A)savers.
B)firms.
C)governments.
D)the rest
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