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:

Supportive Leadership

A leadership style that focuses on meeting the needs of team members, showing concern for their welfare, and creating a supportive work environment.

Human Interaction

The communication and interplay between individuals or groups.

Internal Locus Of Control

A belief that one has control over their own life and the outcomes of their actions, as opposed to external forces determining their fate.

Situations

Scenarios or conditions that arise in the environment, affecting individuals, organizations, or societies and requiring responses.