Since inventories can be costly to hold, firms' planned inventory investment should be zero, and firms should

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"Since inventories can be costly to hold, firms' planned inventory investment should be zero, and firms should acquire inventory only through unplanned inventory accumulation." Is this statement true, false, or uncertain? Explain your answer.

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The Economics of Money Banking and Financial Markets

ISBN: 978-0133836790

11th edition

Authors: Frederic S. Mishkin

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Question Posted: Nov 03, 2017 04:05 AM

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Since inventories can be costly to hold, firms' planned inventory investment should be zero, and firms should

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False Although inventories are costly to hold many firms prefe...View the full answer

The Economics of Money Banking and Financial Markets

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