Which of the Following Observations Concerning GDP Calculations Is T

question 214

Multiple Choice

Which of the following observations concerning GDP calculations is t?

• A) Goods and services produced by governments are valued at market price.
• B) Inventories are treated as if they are yet to be sold.
• C) Goods produced but not sold during the year are counted in that year's GDP.
• D) Goods that firms add to their inventories do not count in the GDP.

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