Changes in Inventory Investment When real GDP increased in the first quarter of 2015, personal consumption expenditure,
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Changes in Inventory Investment When real GDP increased in the first quarter of 2015, personal consumption expenditure, private inventory investment, and imports increased while exports, nonresidential fixed investment, and government spending decreased. Explain how the increase in private inventory investment affected U.S. aggregate demand.
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Private inventory investment refers to the change in businesses inventory levels When businesses inc...View the full answer
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