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. Source: Bureau of Economic Analysis, April 29, 2015 Explain how the increase in private inventory investment affected U.S. aggregate demand.

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. Source: Bureau of Economic Analysis, April 29, 2015 Explain how the increase in private inventory investment affected U.S. aggregate demand.

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter14: Aggregate Demand And Supply

Section: Chapter Questions

Problem 2SQ

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