A Good Is Produced by a Firm in 2010, Added

question 238

Multiple Choice

A good is produced by a firm in 2010, added to the firm's inventory in 2010, and sold to a household in 2011. It follows that

• A)the value of the good is added to the investment category of 2010 GDP, added to the consumption category of 2011 GDP, and subtracted from the investment category of 2011 GDP.
• B)the value of the good is added to the investment category of 2010 GDP, added to the consumption category of 2011 GDP, and not included in the investment category of 2011 GDP.
• C)the value of the good is added to the investment category of 2010 GDP, subtracted from the consumption category of 2011 GDP, and not included in the investment category of 2011 GDP.
• D)the value of the good is added to the investment category of 2010 GDP, subtracted from the consumption category of 2011 GDP, and added to the investment category of 2011 GDP.

---

Definitions:

Hypothesis

A suggested theory put forward with minimal evidence as an initial step for more in-depth inquiry.

Proposition

An announcement or avowal that presents an evaluation or sentiment.

Hypothesis

A supposition or proposed explanation made on the foundation of limited information, aimed at further examination.

Explanation

An explanation or report that clarifies by providing more detailed description or uncovering pertinent facts or concepts.