Exhibit 9-1 GDP and consumption data
As shown in Exhibit 9-1, if investment is $0.5 trillion, government spending is $1 trillion, net exports are - $0.5 trillion, and GDP is $2 trillion, then:
A) inventory depletion is - $1.5 trillion.
B) inventory accumulation is - $2.0 trillion.
C) inventory depletion is - $0.5 trillion.
D) inventory accumulation is $0.5 trillion.
Correct Answer:
Verified
Q21: Exhibit 9-1 GDP and consumption data
Q22: In the aggregate expenditures model, if aggregate
Q23: Exhibit 9-1 GDP and consumption data
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Q27: Exhibit 9-1 GDP and consumption data
Q28: In the aggregate expenditures model, if aggregate
Q29: In the aggregate expenditures model, if an
Q30: In the aggregate expenditures model, if an
Q38: In the aggregate expenditures model, if aggregate
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