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( Identify the following statement as "true" or "false", and comment on it: "Any accumulation of inventories by firms is not included when measuring GDP."

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter15: Measuring A Nation's Income

Section: Chapter Questions

Problem 8QR

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2. ( ` Identify the following statement as "true" or "false", and comment on it:
"Any accumulation of inventories by firms is not included when measuring GDP."

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