Consider the table in the next column, which shows the change in inventories for each quarter from

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Consider the table in the next column, 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 2009 dollars. Provide a macroeconomic explanation for this pattern
Accompanies problem 3.10. Change in Inventorles Year Quarter 2007 $19.6 49.4 II 50.2 IV 23.0 2008 -20.2 -26.4 II -20.7 I
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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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