To Calculate the Change in the Value of Inventories for the Investment

question 18

Multiple Choice

To calculate the change in the value of inventories for the investment component of GDP, one should use their

• A)current market value.
• B)value at the time the goods are sold and removed from inventory.
• C)cost of production minus the costs of labour and capital.
• D)market value at the time they were produced.
• E)cost of production at the time they were produced.

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Definitions:

Transparent

Allowing light to pass through so that objects behind can be distinctly seen; clear; see-through.

Anterior Portion

The anterior portion refers to the front part of an object or organism, often used in anatomical context to describe the position of structures within the body.

Cornea

The transparent front part of the eye that covers the iris, pupil, and anterior chamber, responsible for refracting light.

Iris

The colored part of the eye surrounding the pupil, responsible for controlling the diameter and size of the pupil.