Multiple Choice
Consider the investment component (I) of GDP.To calculate the change in the value of inventories for the investment component of GDP,one should use their
A) cost of production at the time they were produced.
B) cost of production minus the costs of labour and capital.
C) current market value.
D) market value at the time they were produced.
E) market value at the time they were added to inventory.
Correct Answer:
Verified
Correct Answer:
Verified
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