A Good Is Produced by a Firm in 2010, Added

question 238

Multiple Choice

A good is produced by a firm in 2010, added to the firm's inventory in 2010, and sold to a household in 2011. It follows that

• A)the value of the good is added to the investment category of 2010 GDP, added to the consumption category of 2011 GDP, and subtracted from the investment category of 2011 GDP.
• B)the value of the good is added to the investment category of 2010 GDP, added to the consumption category of 2011 GDP, and not included in the investment category of 2011 GDP.
• C)the value of the good is added to the investment category of 2010 GDP, subtracted from the consumption category of 2011 GDP, and not included in the investment category of 2011 GDP.
• D)the value of the good is added to the investment category of 2010 GDP, subtracted from the consumption category of 2011 GDP, and added to the investment category of 2011 GDP.

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Definitions:

Distributed Practice

A learning strategy that involves spreading out study sessions over time, rather than cramming them into a single session.

Massed Practice

A learning strategy that involves studying material intensively over a short span of time without taking breaks.

Mnemonic

A device, such as a pattern of letters, ideas, or associations, that assists in remembering something.

Method of Loci

A mnemonic strategy involving the use of familiar spatial environments to easily recall information.