JNU SSS 2017

classic Classic list List threaded Threaded
1 message Options
Reply | Threaded
Open this post in threaded view
|

JNU SSS 2017

Ritik@pc1704
Can someone please tell me how to solve 44?
According to me,GDP=Sale of Y+ Change in stock of Y of firm B+Change in stock of X for firm B+ Change in stock of X for firm A
Reason: Even though X is an intermediate good,being in inventory means it hasn't been used in production of Y. Therefore, it must be included because it has been produced in the economy.