In National-Income Accounting,a Reduction of Inventories Counts as

question 115

Multiple Choice

In national-income accounting,a reduction of inventories counts as

• A)consumption.
• B)depreciation.
• C)negative investment.
• D)positive investment.
• E)saving.

---

Definitions:

Immanent Justice

Piaget’s concept of the childhood expectation that if a rule is broken, punishment will be meted out immediately.

Moral Development

The process through which individuals learn to distinguish right from wrong, and to develop values and ethical behavior.

Math Abilities

Concerns the capacity to understand and apply mathematical concepts, ranging from basic arithmetic to complex problem-solving.

Mental Rotation

The cognitive ability to rotate mental representations of two-dimensional and three-dimensional objects.