If business inventories at the beginning of the year equal $20 billion and at the end of the year equal $30 billion, then GDP will

Question

If business inventories at the beginning of the year equal $20 billion and at the end of the year equal $30 billion, then GDP will
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Solution 1

The change in business inventories is a component of the Gross Domestic Product (GDP). GDP measures the total value of all goods and services produced within a country in a given period.

Here's how you calculate it:

  1. Determine the beginning and ending inventories. In this case, the beginning in Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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