Question

GDP is different from final sales since
A. measurements of GDP and final sales are subject to statistical errors.
B. final sales measures only what the consumers​ buy, but GDP is the sum total of​ consumption, investment, government purchases and net exports.
C. final sales measures only domestic​ sales, but GDP considers exports as well.
D. final sales ignores changes in​ inventory, which are included in GDP calculation.

Answer 1

Answer:

D. final sales ignores changes in​ inventory, which are included in GDP calculation.

Explanation:

Final sales is GDP minus net exports and inventory investment. It measures demand for goods and services from US households, businesses and government, regardless of whether those goods and services are imported or domestically produced.