ars in the 4th quarter of 2005. The rest of the cars were sold in a later time period. The contribution to GDP by General Motors in the 4th quarter of 2005 was Group of answer choices $20 million by value added method and $18 million of Consumption expenditures + $2 million of Inventory Rundown. $18 million by expenditure method and $18 million by value added method. $20 million by value added method and $18 million of Consumption expenditures + $2 million of Investment in form of Inventory buildup.
ars in the 4th quarter of 2005. The rest of the cars were sold in a later time period. The contribution to GDP by General Motors in the 4th quarter of 2005 was Group of answer choices $20 million by value added method and $18 million of Consumption expenditures + $2 million of Inventory Rundown. $18 million by expenditure method and $18 million by value added method. $20 million by value added method and $18 million of Consumption expenditures + $2 million of Investment in form of Inventory buildup.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
23
In the 4th quarter of 2005, General Motors produced 2000 cars and
Group of answer choices
$20 million by value added method and $18 million of Consumption expenditures + $2 million of Inventory Rundown.
$18 million by expenditure method and $18 million by value added method.
$20 million by value added method and $18 million of Consumption expenditures + $2 million of Investment in form of Inventory buildup.
$18 million by value added method and $20 million by expenditure method..
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