Multiple Choice
Inventory investment is included as a spending item when computing GDP because
A) GDP is meant to be a measure of total sales.
B) of a historical accident.
C) it is the same as plant and equipment investment.
D) not everything produced in a given time period is sold during that time period.
E) there would otherwise be double counting.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: The chain-weighted price index measures the price
Q2: Exhibit 18-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6906/.jpg" alt="Exhibit 18-2
Q4: Exhibit 18-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6906/.jpg" alt="Exhibit 18-5
Q5: A measure of the amount of resources
Q6: GDP is a perfect measure of production
Q7: Which of the following statements is true?<br>A)Investment
Q8: Intermediate goods that go directly into a
Q9: To measure GDP using the production approach,
Q10: Which of the following statements is true?<br>A)The
Q11: GDP can be calculated by adding the