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Macroeconomics 2nd Edition by Campbell McConnell ,Stanley Brue,Sean Flynn
Edition 2ISBN: 978-0077416409Macroeconomics 2nd Edition by Campbell McConnell ,Stanley Brue,Sean Flynn
Edition 2ISBN: 978-0077416409 Exercise 19
Why are changes in inventories included as part of investment spending? Suppose inventories declined by $1 billion during 2012. How would this affect the size of gross private domestic investment and gross domestic product in 2012? Explain.
Explanation
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The changes in inventories are included ...
Macroeconomics 2nd Edition by Campbell McConnell ,Stanley Brue,Sean Flynn
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