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endah87 endah87
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A year ago
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

Macroeconomics


Edition: 3rd
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blf1210blf1210
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