Inventory Investment Is Included as a Spending Item When Computing

question 3

Multiple Choice

Inventory investment is included as a spending item when computing GDP because

• A)GDP is meant to be a measure of total sales.
• B)of a historical accident.
• C)it is the same as plant and equipment investment.
• D)not everything produced in a given time period is sold during that time period.
• E)there would otherwise be double counting.

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Definitions:

Bacteria

Prokaryotic organisms that have peptidoglycan in their cell walls; most are decomposers, but some are parasites and others are autotrophs. Bacteria is the name of one of the two prokaryotic domains. Compare with archaea.

Fungi

A kingdom of non-photosynthetic organisms that includes molds, yeasts, and mushrooms, characterized by their chitinous cell walls and absorption of nutrients from the environment.

Gene Pool

The complete set of unique alleles that would be found within every individual of a particular population or species.

Adaptations

Characteristics or traits that have evolved through natural selection, enabling organisms to survive and reproduce in specific environments.