In 2017, $1000 worth of shirts are produced by Calvin Klein. That same year, $700 worth of shirts are sold. This means that consumption spending in 2017 .by .and private inventories .by . Overall GDP in 2017 .by . increased; 700; increased; 300; increased; 400 increased; 700; decreased; 300; increased; 400 increased; 700; increased; 300; increased; 1000 increased; 1000; decreased; 300; increased; 700

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A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…

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