The Arcadia Entertainment Co. produced 20,000 DVDs of the movie Thor in 2011. Only 4,000 copies remained unsold at the end of 2011. As a result:
A) only 16,000 DVDs should be included in GDP in 2011 as consumption expenditure.
B) all 20,000 DVDs will be included in GDP in 2011, 16,000 as consumption expenditure and 4,000 as investment expenditure.
C) only 16,000 DVDs are included in GDP of 2011; the remaining 4,000 are counted in GDP of 2012.
D) all 20,000 DVDs are initially counted in 2011 GDP as consumption expenditure, but they will be subtracted and added to 2012 GDP as the merchandise gets sold.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The Arcadia Entertainment Co. produced 20,000 DVDs of the movie Thor in 2011. Only 4,000 copies remained unsold at the end of 2011. As a ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
A specific goal for a salesperson might be to "sell as much as you can." a. True b. False
Answers (1)
M10-10 Computing and Reporting a Bond Liability at an Issuance Price of 102 [LO 10-3] E-Tech Initiatives Limited plans to issue $500,000, 10-year, 4 percent bonds. Interest is payable annually on December 31.
Answers (1)
Allstate Moving Company reported the following amounts on its balance sheet as of December 31, 2019 and December 31, 2018: 2019 2018 Cash and Receivables $75,000 $145,000 Merchandise Inventory 175,000 250,000 Property, Plant and Equipment, net
Answers (1)
In the late 18th century, England:a. passed laws prohibiting the export of new industrial machinery. b. tried to discourage labor pirating. c. was the second largest producer of manufactured goods in the world. d.
Answers (1)
Helen, who is single, is considering purchasing a residence that will provide an $18,000 tax deduction for property taxes and mortgage interest.
Answers (1)
New Questions in Business
Which position most likely requires a master's degree for success? Computer Programmer Website Designer IT Project Manager Computer Scientist
Answers (1)
Gloria's employer deducted 20 percent of her pay in the month of january due to personal problems he had with her. under the lilly ledbetter fair pay act, what period of time does gloria have to file an employment discrimination claim
Answers (1)
The following summary transactions occurred during 2021 for Bluebonnet Bakers: Cash Received from: Collections from customers $ 470,000 Interest on notes receivable 10,500 Collection of notes receivable 52,000 Sale of investments 32,000 Issuance of
Answers (1)
Which of the following statements describes an element of process costing systems? A. Total conversion costs include direct labor and manufacturing overhead costs included in beginning inventory and added to production during the period. B.
Answers (1)
The liquidity premium on a us treasury debt security is normally considered to be
Answers (1)