Kelly's Surf Shop Orders 5,000 New Surfboards at the Beginning

question 44

Multiple Choice

Kelly's Surf Shop orders 5,000 new surfboards at the beginning of the year but only sells 4,500 by the end of the year. How are the 500 unsold surfboards accounted for in gross domestic product?

• A) They will be included in the government spending category of GDP.
• B) They will be included in the durable consumption category of GDP.
• C) They will be included in the inventory investment category of GDP.
• D) They will be included in the nondurable consumption category of GDP.
• E) They will be included in the residential investment category of GDP.

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Definitions:

White Males

Refers to individuals who are biologically male and identified as having Caucasian or European ancestry.

Suicide Rate

The frequency at which individuals in a specific population or demographic commit suicide, usually expressed per 100,000 individuals per year.

Asian Americans

Individuals of Asian descent residing in the United States, encompassing a wide range of cultures, languages, and backgrounds.

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Individuals in the United States with ancestry from Spanish-speaking countries, particularly those from Latin America and Spain.