Question

Apple™ sells 40,000 iPods™ that were produced last year, to new customers. As a result:

A. GDP will increase for this year.

B. GDP will decrease for this year.

C. the iPods™ will increase GDP for this year and count as inventory for last year.

D. the iPods™ will decrease GDP for this year and count as inventory for last year.

E. last year's GDP was increased by the inventory value of the iPods™, and this year's GDP increases by the retail value of the iPods™ less their inventory value from last year.

Answer 1

E. last year's GDP was increased by the inventory value of the iPods™, and this year's GDP increases by the retail value of the iPods™ less their inventory value from last year.

Step-by-step explanation:

Apple™ sells 40,000 iPods™ that were produced last year, to new customers. As a result last year's GDP was increased by the inventory value of the iPods™, and this year's GDP increases by the retail value of the iPods™ less their inventory value from last year.