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b. Is there a connection between the revised estimate for the change in inventory investment and the revised estimate for consumption spending? Briefly explain. A.
b. Is there a connection between the revised estimate for the change in inventory investment and the revised estimate for consumption spending? Briefly explain. A. Yes, if consumption rose less than first estimated, sales of goods would have been higher relative to production, resulting in an increase in inventories. B. No, if consumption rose less than first estimated, sales of goods would have been higher relative to production, resulting in a decrease in inventories. C. Yes, if consumption rose less than first estimated, sales of goods would have been lower relative to production, resulting in an increase in inventories. D. No, if consumption rose less than first estimated, sales of goods would have been lower relative to production, resulting in a decrease in inventories
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