How Are Goods That Go into Inventory and Are Not

question 23

Multiple Choice

How are goods that go into inventory and are not sold during the current period treated in GDP terms?

• A) They are counted as intermediate goods and so are not included in current-period GDP.
• B) They are counted in current GDP only if the firm that produced them sells them to another firm.
• C) They are included in current-period GDP as inventory investment.
• D) They are included in current-period GDP as consumption.

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Definitions:

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The act of intentionally misleading or providing false information to participants in a study or research.

Nuremberg Code

A set of ethical research principles focused on human experimentation, established after the Nuremberg trials.

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Institutional Review Board, a committee that reviews research proposals to ensure ethical standards are met, particularly in research involving human participants.