Assignment Instructions/ Description
Ec 2050 homework question 3 Uncertain outlook The Commerce Department reported that in December 2015, retail sales rose by 0.2, net exports decreased, inventoriesheld by businesses rose by 0.1 percent, and total sales by businesses fell by 0.6 percent.Source: Commerce Department, February 2016Which component of GDP changed because retail sales increased?Which component of GDP changed because business inventories increased?_____ changed because retail sales increased. ______ changed because business inventories increased.A. Consumption expenditure; InvestmentB. Consumption expenditure; DepreciationC. Saving; Consumption expenditureD. Investment; Consumption expenditureE. Wages; Imports of goods and services
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