A good produced in 2009 and held in inventory until it is sold in 2010 would be included in which measure of GDP?
a. Half the value in 2009 and half the value in 2010
b. In 2010 GDP
c. In both 2009 and 2010 GDP
d. In 2009 GDP
d
Economics
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A horizontal merger
A) results in a trust (for example, the Standard Oil Company). B) is a merger between firms in the same industry. C) is a merger between firms at different stages of production of a good. D) was illegal in the United States until the Federal Trade Commission Act was passed by Congress in 1914.
Economics
One of the sources of cyclical unemployment is _____
a. flexible wages b. sticky downward wages c. the constant movement of workers between jobs d. the fundamental changes in the nature of an economy
Economics