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Essentials of Economics 2nd Edition by Campbell McConnell, Randy Grant, Stanley Brue
Edition 2ISBN: 978-0073511313Essentials of Economics 2nd Edition by Campbell McConnell, Randy Grant, Stanley Brue
Edition 2ISBN: 978-0073511313 Exercise 4
Why are changes in inventories included as part of investment spending Suppose inventories declined by $1 billion during 2008. How would this affect the size of gross private domestic investment and gross domestic product in 2008 Explain.
Explanation
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Inventories are considered as an additio...
Essentials of Economics 2nd Edition by Campbell McConnell, Randy Grant, Stanley Brue
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