Examlex

Solved

In 2012 the Change in Business Inventories Is -$70 Billion

question 139

Multiple Choice

In 2012 the change in business inventories is -$70 billion and GDP is $200 billion.Final sales in 2012


Definitions:

Maquiladoras

Factories in Mexico, typically owned by foreign companies, that import raw materials and produce goods for export, benefiting from lower labor costs.

Manufacturing Plants

Facilities where raw materials are transformed into finished goods through various processes and machinery.

Duty-Free

A retail environment where goods are sold to international travelers without the inclusion of certain local or national taxes and duties.

Central-Planning Economy

An economic system where the government or central authority makes all decisions regarding the production and distribution of goods and services.

Related Questions