JNU SSS 2017
Posted by Ritik@pc1704 on Dec 25, 2017; 6:10am
URL: http://discussion-forum.276.s1.nabble.com/JNU-SSS-2017-tp7608632.html
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.