CUET Economics 2025 30 May Shift 2Macro > MediumUnsold finished, or semifinished goods which a firm carries to the next year.Inventory may have a higher value at the end of the year.The change of inventories of a firm during a year = production – SaleIt is a flow variable.✅ Correct Option: 4Related questions:CUET Economics 2022 Slot 1Identify the correct statements about the externalities as a limitation of GDP and welfare. A. GDP as measured does not include external production of goods. B. Inverse relationship between negative externality and welfare. C. No relation between GDP and welfare. D. Economic activities have both positive and negative externalities. E. Producers are rewarded with profit for positive externalities Choose the correct answer from the options given below :3 June Shift 1Arrange the following steps in calculation of national income, by income method in correct sequence. (A) Add net factor income from abroad to arrive at national income. (B) Estimate the factor income paid by each sector. (C) Identify and classify the income generating units. (D) Calculating domestic factor income. Choose the correct answer from the options given below:11th May Shift 1Which of the following is correct option to calculate National Income: