Consumer Goods That Are Produced,go into Inventory,and Are Not Sold

question 15

Multiple Choice

Consumer goods that are produced,go into inventory,and are not sold during the current period are

• A)counted as intermediate goods and so are not included in current period GDP.
• B)counted in current period GDP only if the firm that produced them sells them to another firm.
• C)included in current period GDP as inventory investment.
• D)included in current period GDP as consumption.

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Definitions:

Life-giving Instinct

An innate or natural drive in living beings to reproduce or engage in behaviors that sustain life or promote well-being and survival.

Thanatos

In psychoanalytic theory, it represents the death drive, postulated by Freud as a basic human instinct oriented toward self-destruction and destructiveness.

Eros

In Freudian theory, the constructive, life-giving instinct.

Social Learning

The process of acquiring new behaviors through observation and imitation of others.