Apple Has Been Producing the New IPhone Throughout 2013,but Doesn't

question 71

Multiple Choice

Apple has been producing the new iPhone throughout 2013,but doesn't plan to sell it until March 2014.How are these iPhones,which are sitting in a warehouse somewhere in the U.S. ,affecting GDP?

• A)They are inventory and will increase investment in 2013.
• B)They will increase GDP only in the year they are produced,2013.
• C)They are considered inventory until they sell,so investment will fall each time one is sold in 2014.
• D)All of these statements are true.

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