When real GDP increased in the second quarter of 2014, consumption expenditure, exports, and fixed investment increased,
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When real GDP increased in the second quarter of 2014, consumption expenditure, exports, and fixed investment increased, but business inventory investment fell from $14.5 billion to $7.0 billion.
Explain how a fall in business inventories influences aggregate demand.
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Related Book For
Microeconomics Canada In The Global Environment
ISBN: 9780321931184
9th Edition
Authors: Robin Bade, Michael Parkin
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