Multiple Choice
In one year, a firm increases its production by $9 million and increases sales by $8 million. All other things in the economy remaining the same, which of the following is true?
A) GDP increases by $8 million and inventory investment decreases by $1 million.
B) Inventory investment decreases by $1 million.
C) GDP increases by $9 million and inventory investment increases by $1 million.
D) GDP increases by $17 million.
E) GDP increases by $8 million and investment increases by $1 million.
Correct Answer:

Verified
Correct Answer:
Verified
Q105: The NBER describes a recession as<br>A)"a decrease
Q106: One reason the total sum of the
Q107: Gross Domestic Product is defined to be
Q108: Which of the following is NOT directly
Q109: Undistributed profits<sub>-------------</sub>counted as part of GDP because<sub>-------------</sub><br>A)are;
Q111: Which of the following is NOT part
Q112: The expenditure approach to measuring GDP is
Q113: How are final goods and services valued
Q114: During the business cycle,<br>A)real GDP fluctuates around
Q115: According to the income approach to measuring