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How are inventories included in the calculation of the expenditure measure of GDP?
endah87
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How are inventories included in the calculation of the expenditure measure of GDP?
How are inventories included in the calculation of the expenditure measure of GDP?
▸ They are counted as soon as they are produced.
▸ They are counted as being purchased and owned by the firm if they are not sold to a consumer.
▸ The value of the inputs to create the inventory is used until the inventories are purchased.
▸ They are not included until they are purchased by a consumer.
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Macroeconomics
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3
rd
Authors:
Acemoglu, Laibson, List
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They are counted as being purchased and owned by the firm if they are not sold to a consumer.
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endah87
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Correct
TY
vernonb
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This site is awesome
fgarza2146
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I appreciate what you did here, answered it right
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