In 2020 the Fancy Footwork Shoe Company delivered $1,000 worth of fancy shoes to a retail outlet. Only $200 worth were sold by the retail outlet in 2020. The remaining $800 worth of inventory, unsold in 2020, was eventually sold during 2021. What would the analysis of the national income accountants be? O a. The consumption in 2021 is $800 and disinvestment in 2021 is $800. O b. The disinvestment in 2020 is $800 and consumption in 2020 is $200. O c. The consumption in 2020 is $1,000. Od. The investment in 2020 is $200 and disinvestment in 2021 is $800. The investment in 2020 is $800 and disinvestment in 2021 is $200. Oe.

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter9: Aggregate Demand
Section: Chapter Questions
Problem 3.7P
icon
Related questions
Question
In 2020 the Fancy Footwork Shoe Company delivered $1,000 worth of fancy shoes to a retail outlet. Only $200
worth were sold by the retail outlet in 2020. The remaining $800 worth of inventory, unsold in 2020, was
eventually sold during 2021. What would the analysis of the national income accountants be?
Oa. The consumption in 2021 is $800 and disinvestment in 2021 is $800.
O b. The disinvestment in 2020 is $800 and consumption in 2020 is $200.
O c. The consumption in 2020 is $1,000.
d. The investment in 2020 is $200 and disinvestment in 2021 is $800.
The investment in 2020 is $800 and disinvestment in 2021 is $200.
O
O
e.
O
Transcribed Image Text:In 2020 the Fancy Footwork Shoe Company delivered $1,000 worth of fancy shoes to a retail outlet. Only $200 worth were sold by the retail outlet in 2020. The remaining $800 worth of inventory, unsold in 2020, was eventually sold during 2021. What would the analysis of the national income accountants be? Oa. The consumption in 2021 is $800 and disinvestment in 2021 is $800. O b. The disinvestment in 2020 is $800 and consumption in 2020 is $200. O c. The consumption in 2020 is $1,000. d. The investment in 2020 is $200 and disinvestment in 2021 is $800. The investment in 2020 is $800 and disinvestment in 2021 is $200. O O e. O
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Measurement of Inequality
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
ECON MACRO
ECON MACRO
Economics
ISBN:
9781337000529
Author:
William A. McEachern
Publisher:
Cengage Learning
Brief Principles of Macroeconomics (MindTap Cours…
Brief Principles of Macroeconomics (MindTap Cours…
Economics
ISBN:
9781337091985
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Essentials of Economics (MindTap Course List)
Essentials of Economics (MindTap Course List)
Economics
ISBN:
9781337091992
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning