Suppose GDP is 21.8 trillion and aggregate expenditures are 16.5 trillion. How does inventory change? Calculate the change in the level of inventory, if any. Provide your answer in dollars measured in trillions rounded to two decimal places. Use a negative sign"-" to indicate a decrease in inventory but do not include any other symbols, such as "S," "=" "%," or "," in your answer.
Suppose GDP is 21.8 trillion and aggregate expenditures are 16.5 trillion. How does inventory change? Calculate the change in the level of inventory, if any. Provide your answer in dollars measured in trillions rounded to two decimal places. Use a negative sign"-" to indicate a decrease in inventory but do not include any other symbols, such as "S," "=" "%," or "," in your answer.
Chapter9: The Keynesian Model In Action
Section: Chapter Questions
Problem 6SQ
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