In the first quarter of 2017, business inventories in the United States increased by $4 billion. Can
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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 the first quarter of 2017? If not, what other information do we need?
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No we cant tell from thi...View the full answer
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