If a firm does not sell all of the goods that it produces in a given time period, then the goods
A) do not count in GDP for that time period but always count next period.
B) do not count in GDP ever.
C) count in GDP the period they are sold to the final user.
D) count negatively in GDP as inventory investment.
E) count positively in GDP as inventory investment.
E
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Some factors that allow firms to make economic profits are beyond its control. All but one of the following is an uncontrollable factor. Which factor is controllable?
A) chance events B) consumer tastes C) product differentiation D) input prices
The macroeconomic conditions during the mid-1990s confounded many economists because of the simultaneous occurrence of
a. low unemployment and decreasing inflation rates. b. low unemployment and increasing budget deficits. c. low unemployment and increasing interest rates. d. high unemployment and increasing inflation rates.