In the first quarter of 2019, business inventories in the United States increased by $126 billion. Can

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In the first quarter of 2019, business inventories in the United States increased by $126 billion. Can we tell from this information whether aggregate expenditure was higher or lower than GDP during the first quarter of 2019? If not, what other information do we need?

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Economics

ISBN: 9780135957554

8th Edition

Authors: Glenn Hubbard, Anthony Patrick O Brien

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