If a Good Produced This Quarter Goes into Inventory, Then

question 165

True/False

If a good produced this quarter goes into inventory, then it is included in this period's GDP. If it is sold in the next quarter, it will have no effect on GDP.

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Definitions:

Western Asia

A region covering the westernmost part of Asia, including countries such as Saudi Arabia, Turkey, and Iran.

North America

A continent located in the Northern Hemisphere, mostly in the Western Hemisphere, including countries such as the USA, Canada, and Mexico.

Completed Suicide

A suicide attempt in which the individual actually kills him- or herself; the act is completed with his or her death.

Drug Overdose

The accidental or intentional consumption of a drug in quantities greater than are recommended or generally practiced, leading to severe adverse effects or death.