Solved

When a Firm Sells a Product Out of Inventory, GDP

Question 33

Multiple Choice

When a firm sells a product out of inventory, GDP:

A) increases.
B) decreases.
C) is not changed.
D) increases or decreases, depending on the year the product was produced.

Related Questions

Q28: The panel of economists appointed by the

Q29: "GDP deflator is a better price level

Q30: Real GDP means the value of goods

Q31: In the national income accounts, the purchase

Q32: In the national income accounts, consumption expenditures

Q34: Two equivalent ways to view GDP are

Q35: The best measure of the economic satisfaction

Q36: All of the following transactions that took

Q37: Prices of items included in the CPI

Q38: If the number of employed increases while