Multiple Choice
In Year 1, inventories rose by $25 billion.In Year 2, inventories fell by $20 billion.In calculating total investment, national income accountants would have:
A) decreased it by $25 billion in Year 1 and increased it by $20 billion in Year 2.
B) decreased it by $25 billion in Year 1 and increased it by $5 billion in Year 2.
C) increased it by $25 billion in Year 1 and decreased it by $5 billion in Year 2.
D) increased it by $25 billion in Year 1 and decreased it by $20 billion in Year 2.
Correct Answer:

Verified
Correct Answer:
Verified
Q6: The GDP deflator or price index equals<br>A)gross
Q32: Which of the following best defines disposable
Q33: GDP may be defined as:<br>A)the monetary value
Q34: In calculating GDP, governmental transfer payments, such
Q35: In calculating GDP, national income accountants:<br>A)treat inventory
Q36: A distinguishing characteristic of public transfer payments
Q36: All expenditures on new construction are included
Q38: Suppose ZZZ Corporation issues new common stock
Q39: If we add up the figures for
Q41: When an economy's production capacity is expanding:<br>A)nominal