Suppose 10 million computer memory chips were produced in an economy this year, 9 million chips are sold to computer manufacturers and 1 million chips are stored by chipmakers. Computer manufacturers place 7 million chips into computers, and store 2 million chips for use next year. Which of the following statements is correct when using the expenditure approach to measuring GDP? {1 mark} a You scored 1 I 1 mark The value of the 2 million chips sold to computer manufacturers, but not inserted into computers, is included in GDP. The value of all 10 million chips is excluded from GDP. The value of the 9 million chips sold to computer manufacturers is excluded from GDP. The value of the 1 milliion chips not sold to computer manufacturers is excluded from GDP