Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Business inventories increased $19 billion in the second quarter of 2011, more than double the accumulation in the first quarter. Source: The Daily, Statistics

image text in transcribed 

Business inventories increased $19 billion in the second quarter of 2011, more than double the accumulation in the first quarter. Source: The Daily, Statistics Canada, August 31, 2011 How does a surge in inventories influence aggregate demand? A surge in inventories O O OA. increases current aggregate demand. B. sometimes increases and sometimes decreases C. does not influence D. decreases

Step by Step Solution

There are 3 Steps involved in it

Step: 1

The detailed answer for the above question is provided below The correct answer is D decreases Heres ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Auditing

Authors: Michael C Knapp

12th Edition

357515404, 978-0357515402

More Books

Students also viewed these Economics questions

Question

Determine for the following: a. b. c.

Answered: 1 week ago