The value of steel sold to an automobile producer is ________ directly included in the GDP because ________.
A) always;it was produced during the current period
B) never;to do so is to double count the value of the steel
C) sometimes;the automobile may not be sold in the current period
D) sometimes;the steel is sometimes not resold in the current period
Correct Answer:
Verified
Q20: Changes in business inventories
A)are included in gross
Q21: A family purchases a package of sandwich
Q22: Which of the following would be included
Q23: It is important to distinguish investment expenditures
Q24: A restaurant purchases a package of sandwich
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