Suppose That Inventories Were $40 Billion in Year 1 and $50

question 117

Multiple Choice

Suppose that inventories were $40 billion in year 1 and $50 billion in year 2. For year 2, national income accountants would

• A) add $10 billion to other elements of investment in calculating total investment.
• B) subtract $10 billion from other elements of investment in calculating total investment.
• C) add $45 billion (= $90/2) to other elements of investment in calculating total investment.
• D) subtract $45 billion (= $90/2) from other elements of investment in calculating total investment.

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Definitions:

Informal Style

A communication method that is casual and conversational, often used in less formal contexts or personal correspondence.

Nonlawyer Assistants

Individuals who work in a legal setting under the supervision of a lawyer, without being qualified or licensed to practice law themselves.

Duty to Supervise

An obligation often placed on employers or professionals to oversee activities of subordinates or those under their control to ensure compliance with legal standards or organizational policies.

Competency

The ability of an individual to legally make decisions for themselves, including understanding and communication.