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Author Question: In 2016 final sales equal $350 billion and the change in business inventories is -$60 billion. GDP in 2016 (Read 79 times)

c0205847

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Question 1

In 2016 final sales equal $200 billion, and the change in business inventories is $50 billion. GDP in 2016


◦ is $250 billion.
◦ is $200 billion.
◦ is $150 billion.
◦ is $40 billion.

Question 2

In 2016 final sales equal $350 billion and the change in business inventories is -$60 billion. GDP in 2016


◦ is $290 billion.
◦ is $295 billion.
◦ is $410 billion.
◦ cannot be determined from this information.


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Marked as best answer by c0205847 on Apr 19, 2019

dawsa925

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c0205847

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review


kswal303

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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