Apple™ sells 40,000 iPods™ that were produced last year, to new customers. As a result:
...
Apple™ sells 40,000 iPods™ that were produced last year, to new customers. As a result:
A. GDP will increase for this year.
B. GDP will decrease for this year.
C. the iPods™ will increase GDP for this year and count as inventory for last year.
D. the iPods™ will decrease GDP for this year and count as inventory for last year.
E. last year's GDP was increased by the inventory value of the iPods™, and this year's GDP increases by the retail value of the iPods™ less their inventory value from last year.
Answers: 2
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