Multiple Choice
Goods that go into inventory and are not sold during the current period are
A) counted as intermediate goods and so are not included in current period GDP.
B) counted in current GDP only if the firm that produced them sells them to another firm.
C) included in current period GDP as inventory investment.
D) included in current period GDP as consumption.
Correct Answer:

Verified
Correct Answer:
Verified
Q24: Which of the following items is included
Q40: The component of GDP called consumption consists
Q41: The local Chevrolet dealership has an increase
Q42: Which of the following items is included
Q43: When economists talk about growth in the
Q46: In 2004,GDP per person in the United
Q47: Table 23-1. The data pertain to the
Q49: In 2004,U.S.GDP was almost<br>A)$8 trillion.<br>B)$12 trillion.<br>C)$24 trillion.<br>D)$44
Q186: U.S. real GDP is substantially higher today
Q238: In a certain small country,the unit of