The local Chevrolet dealership has an increase in inventory of 25 cars in 2009. How will the sale of all 25 cars, in 2010, affect the GDP?
A) The value of the cars will be counted as part of GDP in 2009, but not in 2010.
B) The value of the cars will not affect the 2009 GDP, but will be included in 2010 GDP.
C) The value of the cars will be included both in 2009 and 2010 GDP.
D) The value of the cars will not be included in GDP in 2009 or 2010.
Correct Answer:
Verified
Q44: George buys and lives in a newly
Q45: Greg, a Canadian citizen, works only in
Q47: Darla, a U.S. citizen, only works in
Q48: Which of the following is included in
Q50: A movie company makes 500 000 DVDs
Q51: Which of the following is included in
Q52: National income differs from net national product
Q54: How is Canadian GNP calculated from Canadian
Q54: Anna, a Canadian citizen, works only in
Q58: An Italian company opens a pasta company
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