Multiple Choice
A good is produced by a firm in 2010, added to the firm's inventory in 2010, and sold to a household in 2011. It follows that
A) the value of the good is added to the investment category of 2010 GDP, added to the consumption category of 2011 GDP, and subtracted from the investment category of 2011 GDP.
B) the value of the good is added to the investment category of 2010 GDP, added to the consumption category of 2011 GDP, and not included in the investment category of 2011 GDP.
C) the value of the good is added to the investment category of 2010 GDP, subtracted from the consumption category of 2011 GDP, and not included in the investment category of 2011 GDP.
D) the value of the good is added to the investment category of 2010 GDP, subtracted from the consumption category of 2011 GDP, and added to the investment category of 2011 GDP.
Correct Answer:
Verified
Correct Answer:
Verified
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