Figure 9-3

In Figure 9-3, at $5,000 billion GDP, inventories will be

Name: Figure 9-3 In Figure 9-3, at $5,000 billion GDP, inventories will be
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Question

Figure 9-3

In Figure 9-3, at $5,000 billion GDP, inventories will be

Quizplus · Accepted Answer

According to the graph, at $5,000 billion GDP, inventories will be accumulating, which signals businesses to cut production. This is because the level of inventories is exceeding the level of sales, indicating that demand is not keeping up with supply. As a result, businesses will need to reduce production in order to avoid an overstock of inventories.

Figure 9-3 In Figure 9-3, at $5,000 Billion GDP, Inventories Will Be