If a Car Is Produced in Detroit in 2013 but Not

question 153

Multiple Choice

If a car is produced in Detroit in 2013 but not sold until 2014, it should be included in _____ GDP, and its value should be counted in _____.

• A) 2013's; inventory changes
• B) 2013's; durable goods
• C) 2014's; durable goods
• D) 2014's; personal consumption expenditures

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Definitions:

Community Feeling

A sense of belonging and mutual responsibility towards others within a group or society.

Hostility

A negative, antagonistic attitude or state of aggression towards others or oneself.

Remarkably Fast

Something that happens or moves at an exceptional speed.

Youngest Child

Refers to the last-born child in a family, who may experience different parental expectations and sibling dynamics compared to older siblings.