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28 Nov 2020
1. What does the investment component of GDP measure?
a. spending by households on goods and services
b. spending by government agencies on goods and services
c. spending on goods to be used in future production
d. spending on domestically produced goods by foreign buyers
2. A good produced in the current time period but put into a firm's inventory instead of being sold
a. is only included as a part of consumption in future GDP when it is sold.
b. is counted as consumption in the current GDP since it was produced in the current time period.
c. is excluded from the current GDP.
d. is considered unsold inventory and counted as a part of the investment in current GDP.
1. What does the investment component of GDP measure?
a. spending by households on goods and services
b. spending by government agencies on goods and services
c. spending on goods to be used in future production
d. spending on domestically produced goods by foreign buyers
2. A good produced in the current time period but put into a firm's inventory instead of being sold
a. is only included as a part of consumption in future GDP when it is sold.
b. is counted as consumption in the current GDP since it was produced in the current time period.
c. is excluded from the current GDP.
d. is considered unsold inventory and counted as a part of the investment in current GDP.
yournotesbuddyLv10
22 Mar 2023
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Mahe AlamLv10
18 Jan 2021
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