In 2012 the Change in Business Inventories Is -$70 Billion

question 139

Multiple Choice

In 2012 the change in business inventories is -$70 billion and GDP is $200 billion.Final sales in 2012

• A)are $130 billion.
• B)are $200 billion.
• C)are $270 billion.
• D)are $340 billion.

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Definitions:

Federal Reserve Bank

The central banking system of the United States, which regulates the U.S. monetary and financial system.

Salt Lake City

The capital and most populous city of Utah, known for its historic significance to the Church of Jesus Christ of Latter-day Saints and its nearby saltwater lake.

Kansas City

a city located in the state of Missouri, known for its jazz heritage, cuisine, and cultural contributions.

Federal Reserve

The central bank of the United States, tasked with regulating the U.S. monetary and financial system.