The value of goods produced,but unsold,in the current period is
A) excluded from GDP.
B) counted in GDP as inventory investment.
C) counted in GDP as consumption spending.
D) counted in GDP as services.
E) allocated to GDP in future periods.

Question

Quizplus · Accepted Answer

Goods produced but unsold in the current period are included in GDP as inventory investment, which is a component of GDP calculation. Once these goods are sold in a subsequent period, they will be counted as consumption spending.

The Value of Goods Produced,but Unsold,in the Current Period Is