Question

Ford produces 100,000 cars this year and only sells 95,000. The 5,000 cars that are not sold _______ listed in ________ category of GDP. Group of answer choices are not; any are; the excess production are; the unsold good are; the investment are; the consumption

Answer 1

Answer:

Are; investment

Explanation:

Ford produces 100,000 cars this year and only sells 95,000. The 5,000 cars that are not sold are listed in investment category of GDP

Gross Domestic Product(GDP) is the measures of the value of economic activity in a country during a period of time. It is the monetary value of all finished goods and services made within a country during a specific period.

GDP is a number that expresses the worth of the output of a country in local currency. It is a tool which guides policymakers, investors, and businesses in strategic decision making.

GDP can be calculated using the following method

1. Income method

2. Expenditure method

3. Production method