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Author Question: In 2016 final sales equal $400 billion, and the change in business inventories is $100 billion. GDP in 2016 is (Read 122 times)

abern

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Question 1

GDP minus final sales gives a measure of the


◦ GNP.
◦ change in business inventories.
◦ value of intermediate goods.
◦ non-residential investment.

Question 2

In 2016 final sales equal $400 billion, and the change in business inventories is $100 billion. GDP in 2016 is


◦ $100 billion.
◦ $300 billion.
◦ $400 billion.
◦ $500 billion.


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Marked as best answer by abern on Apr 19, 2019

princessflame2016

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abern

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


bulacsom

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Reply 3 on: Yesterday
Excellent

 

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