In the first quarter of 2019, business inventories in the United States increased by $126 billion. Can
Question:
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?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (2 reviews)
The information that business inventories in the United States increased by 126 billion during the f...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
In the first quarter of 2017, business inventories in the United States increased by $4 billion. Can we tell from this information whether aggregate expenditure was higher or lower than GDP during...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Read the case study and answer the question below with a one page response. What does a SWOT analysis reveal about the overall attractiveness of Under Armours situation? Founded in 1996 by former...
-
During the year, the total actual cost of inventory produced for The Wood Legacy was $1,500,000 (assume no beginning or ending inventory balances). Actual manufacturing overhead was $300,000. Direct...
-
1. Identify the main conditions at Ford described in this case study that seem to have generated dysfunctional conflict. 2. What has Mulally done to reduce or remove these sources of conflict? In...
-
An analysis of the general ledger accounts indicates that delivery equipment, which cost $120,000 and on which accumulated depreciation totaled $40,000 on the date of sale, was sold for $75,000...
-
Explain what action an auditor should take when a client tells the auditor that the company has changed from straight-line to accelerated amortization. Also explain what action an auditor should take...
-
Review the Comprehensive Annual Financial Report (CAFR) that you obtained. 1. How does the government classify its governmental expenditures, by function or by object? Are the classifications...
-
Hi, I need the detailed process of getting each of these solutions. Thank you Question 1: Matoika Mfg.has a 38% tax rate. They issued a 25-year, 12% semiannual bond 3 years ago. The bond currently...
-
In 2019, an article in the Wall Street Journal on the housing market stated, The home-building sector has struggled with higher interest rates. a. Why do high interest rates decrease the quantity of...
-
Claudia Sahm, an economist at the Federal Reserve, has proposed that when the U.S. economy enters a recession, once the unemployment rate has risen by at least 0.5 percentage point, the federal...
-
Converting a business idea into a profitable company is challenging. Finding and using a mentor is one approach entrepreneurs can take to increase the probability of being able to convert an idea...
-
Bicester University BU is a university established in Singapore. Gregory is the manager of Bicester University Football Club ("BUFC"). BUFC is one of a group of 20 football teams from tertiary...
-
6. Consider the following function: F(x,y,z,w) = x y zw+xy' a) Use K-map to reduce the function to minimum b) Draw a Logic diagram for the reduced function zw+xyz'w'+xyz'w+xyzw'+ xyzw (7pts) (6pts)
-
Talia Jackson, head of Human Resources with Blue Diamond Insurance, recently planned an awards lunch for the 50 top-performing insurance agents in the region. In previous years, the insurance company...
-
What role does the general will play in Jean Jacques Rousseau political thought, and how might it be applicable to modern ideas of governance and leadership in academic organizations?
-
Explain the principles of localized corrosion mechanisms, such as pitting and crevice corrosion, and discuss the strategies employed in corrosion engineering to mitigate these forms of degradation in...
-
Among the data collected for the World Health Organization air quality monitoring project is a measure of suspended particles, in g/m3. Let X and Y equal the concentration of suspended particles in...
-
Write a program to move a signed number from smaller register to bigger register. Hint: movzx ax, bl Topic: Data Related Operators and Directives in assembly language
-
An article on bloomberg. com discussed trends in stores that sell clothing: Apparel has become cheaper to make in recent years. . . . This downward price pressure coincides with the emergence of...
-
Suppose that Jacobs allowance in problem 10A.4 climbs from $5 to $10 per week. a. Show how the increased allowance alters Jacobs budget constraint. b. Draw a set of indifference curves showing how...
-
Jacob receives an allowance of $5 per week. He spends all his allowance on ice cream cones and bottles of smartwater. a. If the price of ice cream cones is $0.50 per cone and the price of bottles of...
-
1. (30 points) This gear train is similar to that in the assigned project; it has gears 1, 2, 3 and 4. The input is from the pulley (belt transmission) to the shaft Gear 1, n = 2400rpm and the input...
-
MET313: Applied Strength of Materials Week-5 Guided Practice Problem 1 (Columns) A round compression member with both ends pinned and made of AISI 1020 cold-drawn steel is to be used in a machine....
-
"Legal and Regulatory Compliance" is a chapter from Cybersecurity: The Essential Body of Knowledge. "Skill in Managing Uncertainty" Describe the processes involved in determining what must be done to...
Study smarter with the SolutionInn App