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A company produced 8 dishwasher machines in 2015. The company sold 6 in 2015 and added 2 to its ...

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A company produced 8 dishwasher machines in 2015. The company sold 6 in 2015 and added 2 to its ...

Question 1.

The single largest expenditure component in GDP is

▸ government spending.

▸ investment.

▸ consumption.

▸ net exports.

Question 2.

A company produced 8 dishwasher machines in 2015. The company sold 6 in 2015 and added 2 to its inventories. The market value of the dishwasher machines in 2015 was $200 per unit. What is the value of this company's output that will be included in the 2015 GDP?

▸ $400

▸ $1,400

▸ $1,600

▸ $2,000

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

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Kutthroat K.

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snowicefox17 Author

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Thank you, thank you, thank you!

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This helped my grade so much Perfect

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