During the Third Quarter of This Year a Firm Produces

question 85

Multiple Choice

During the third quarter of this year a firm produces consumer goods and adds some of those goods to its inventory.During the fourth quarter of this year,the firm sells the goods at a retail outlet,with the result that the value of its inventory at the end of the fourth quarter is smaller than the value of its inventory at the end of the third quarter.These actions affect which component(s) of fourth-quarter GDP?

• A)they increase consumption and have no affect on investment
• B)they increase consumption and decrease investment
• C)they have no affect on either consumption or investment
• D)they have no affect on consumption and decrease investment

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Definitions:

Strategies

Plans of action designed to achieve long-term or overall aims and objectives.

Networking

Building and maintaining professional relationships to exchange information, advice, and support, often pivotal for career development and opportunities.

Mindset

The established set of attitudes or beliefs held by an individual or group that influences behavior and perceptions.

Co-Mentoring

A reciprocal learning relationship where two individuals provide mutual guidance, support, and feedback to each other.