Question 48
MediumOriginal questionA firm produces goods worth ₹900 crore in a year but sells only ₹840 crore of them. In national income, the unsold ₹60 crore is
Show the answer and explanation
CorrectNot quiteAnswer B
Correct answer: B
Explanation
Output is counted when produced. Unsold output adds to the firm's stock of goods.
That addition is inventory investment, so all ₹900 crore of output is counted.
- Concept
- Unsold output
- Typical timeTypical
- 70 s
- Your timeYours
- —
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