Explain the role of inventories in keeping actual expenditures equal to real GDP.

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Economics

ISBN: 9781032046723

9th Edition

Authors: William Boyes, Michael Melvin

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Question Posted: Apr 23, 2024 02:01 AM

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Explain the role of inventories in keeping actual expenditures equal to real GDP.

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Inventories play a crucial role in maintaining the equality between actual expenditures and real GDP within an economy This balance is essential for e...View the full answer

Economics

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