Consider the following table, which shows the change in inventories for each quarter from the first quarter

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Consider the following table, which shows the change in inventories for each quarter from the first quarter of 2007 (2007:I) through the fourth quarter of 2010 (2010:IV) measured in billions of 2012 dollars. Provide a macroeconomic explanation for this pattern.

Year 2007 2008 2009 Quarter I || IV 1 11 ||| IV 1 || Change in Inventories $27.5 56.4 43.4 35.0 1.6 -25.4

Year 2010 Quarter IV I || ||| IV Change in Inventories -245.3 -56.8 -5.0 33.3 128.8 72.1

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Economics

ISBN: 9780135957554

8th Edition

Authors: Glenn Hubbard, Anthony Patrick O Brien

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Question Posted: Oct 13, 2023 02:16 AM

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Consider the following table, which shows the change in inventories for each quarter from the first quarter

Question:

Year 2007 2008 2009 Quarter I || IV 1 11 ||| IV 1 || Change in Inventories $27.5 56.4 43.4 35.0 1.6 -25.4 -19.3 -87.6 -179.0 -228.3

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The pattern of changes in inventories over the years from the first quarter of 2007 2007I through the fourth quarter of 2010 2010IV can be explained f...View the full answer

Economics

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