Exploring Macroeconomics
Exploring Macroeconomics
8th Edition
ISBN: 9781544337722
Author: Robert L. Sexton
Publisher: SAGE Publications, Inc
Question
Book Icon
Chapter 15, Problem 10P
To determine

To explain:

The reason behind an unplanned inventory in the aggregate expenditure model changes the key to forecast the future changes in real GDP.

Blurred answer
Students have asked these similar questions
Which equation represents the macroeconomic equilibrium condition in the aggregate expenditure (AE) model?
what is The Aggregate Expenditure Model
Using the income-expenditure model, what is the expected effect (increase, decrease, or no effect) of an increase in inventories on next period real GDP levels?
Knowledge Booster
Background pattern image
Similar questions
Recommended textbooks for you
  • Text book image
    Exploring Economics
    Economics
    ISBN:9781544336329
    Author:Robert L. Sexton
    Publisher:SAGE Publications, Inc
    Text book image
    Economics:
    Economics
    ISBN:9781285859460
    Author:BOYES, William
    Publisher:Cengage Learning
Text book image
Exploring Economics
Economics
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:SAGE Publications, Inc
Text book image
Economics:
Economics
ISBN:9781285859460
Author:BOYES, William
Publisher:Cengage Learning