The Local Car Dealership Has an Increase in Inventory of 100

question 106

Multiple Choice

The local car dealership has an increase in inventory of 100 newly produced cars in 2015.In 2016,it sells all 100 cars.Which of the following statements is correct?

• A)The value of the cars in inventory will be counted as part of 2015 GDP,and the value of the cars sold in 2016 will not increase 2016 GDP.
• B)The value of the cars in inventory will not affect 2015 GDP,and the value of the cars sold in 2016 will increase 2016 GDP.
• C)The value of the cars in inventory will be counted as part of 2015 GDP,and the value of the cars sold in 2016 will increase 2016 GDP.
• D)The value of the cars in inventory will not affect 2015 GDP,and the value of the cars sold in 2016 will not increase 2016 GDP.

---

Definitions:

Time-Consuming

Describes tasks or processes that require a significant amount of time to complete, often more than is desirable.

Probability Sampling

A sampling method in which every member of a population has a known and typically equal chance of being selected for research or survey.

Target Population

The specific group of individuals that a research study or marketing campaign is designed to analyze or reach.

Simple Random Sampling

A statistical sampling technique in which each member of a population has an equal chance of being included in the sample.