Inventories - goods produced but not sold - are included in GDP because we want to measure total production,not just what is purchased
Correct Answer:
Verified
Q44: An example of a capital good is
A)
Q45: The most volatile component of GDP is
A)
Q46: Private investment during a year includes
A) the
Q47: Fun Time Toys produced $60 million worth
Q48: When we add the up value of
Q50: Even though households do not actually purchase
Q51: Which of the following would not be
Q52: Which of the following is the most
Q53: Which of the following describes the relationship
Q54: Assume that the telephone company built a
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