Apple Has Started Producing the Newest IPhone, but Doesn't Plan

question 3

Multiple Choice

Apple has started producing the newest iPhone, but doesn't plan to sell the phones it makes this year until the official product launch next year. How will these iPhones affect this year's GDP?

• A) They are inventory and will decrease GDP
• B) They will increase GDP
• C) GDP will increase next year, when the phones are sold
• D) GDP will increase by less than the full cost of the phone due to depreciation

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Definitions:

Surgical Dissection

The process of separating or cutting tissues during surgery to study or remove diseased tissue.

Ventilator-Acquired Pneumonia

A lung infection that develops in a patient while on mechanical ventilation, posing serious risks due to the patient's already compromised health.

Coronary Artery Bypass

A surgical procedure to restore blood flow to the heart muscle by diverting blood around blocked arteries.

Chlorhexidine

An antiseptic and disinfectant used for skin disinfection before surgery and to sterilize surgical instruments.