Multiple Choice
When a firm produces consumer goods and adds some to inventory rather than selling it, how is the increase in inventory counted in GDP?
A) It is not counted in the current quarter GDP.
B) It is counted in the current quarter GDP as investment.
C) It is counted in the current quarter GDP as consumption.
D) It is counted in the current quarter GDP as a statistical discrepancy.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: In 2008, how large were Canadian government
Q3: A farmer produces the same output in
Q6: In 2008 what was, approximately, GDP per
Q7: Which of the following is included in
Q9: Suppose that an apartment complex converts to
Q10: A country reported nominal GDP of $200
Q11: Which of these would be included in
Q77: If nominal GDP is $1 trillion and
Q143: Which of the following best defines national
Q169: A professional gambler moves from a province