What does the investment component of GDP measure? spending by households on goods and services spending...
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What does the investment component of GDP measure? spending by households on goods and services spending by government agencies on goods and services spending on goods to be used in future production O spending on domestically produced goods by foreign buyers A good produced in the current time period but put into a firm's inventory instead of being sold is only included as a part of consumption in future GDP when it is sold. is counted as consumption in current GDP since it was produced in the current time period. is excluded from current GDP. is considered unsold inventory and counted as a part of investment in current GDP. What does the investment component of GDP measure? spending by households on goods and services spending by government agencies on goods and services spending on goods to be used in future production O spending on domestically produced goods by foreign buyers A good produced in the current time period but put into a firm's inventory instead of being sold is only included as a part of consumption in future GDP when it is sold. is counted as consumption in current GDP since it was produced in the current time period. is excluded from current GDP. is considered unsold inventory and counted as a part of investment in current GDP.
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a The correct answer is Spending on goods to be used in future production Explanation In calculatin... View the full answer
Related Book For
Staffing Organizations
ISBN: 978-1259756559
9th edition
Authors: Herbert G Heneman III, Timothy A Judge, John Kammeyer-Mueller
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