Consider the following table, which shows the change in inventories for each quarter from the first quarter
Question:
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.
Transcribed Image Text:
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
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (5 reviews)
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
Answered By
Bhartendu Goyal
Professional, Experienced, and Expert tutor who will provide speedy and to-the-point solutions. I have been teaching students for 5 years now in different subjects and it's truly been one of the most rewarding experiences of my life. I have also done one-to-one tutoring with 100+ students and help them achieve great subject knowledge. I have expertise in computer subjects like C++, C, Java, and Python programming and other computer Science related fields. Many of my student's parents message me that your lessons improved their children's grades and this is the best only thing you want as a tea...
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
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...
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
The Bcchtal Tire Company (BTC) is a supplier of automotive tires for U.S. car companies. BTC has hired you to analyze its sales. Data from 1976Q1 through 2007Q4 are given in the following table (in...
-
1.think about the evolution of the food industry, What was it in the past, and what will it be in the future? How will the 4 p's of marketing evolve within the industry you selected? 2.What is one...
-
The chief operating officer (COO) has noticed that production employees in the companys Mexican manufacturing operations are unhappy with some of the production engineering decisions made by...
-
When the Beacon Computer Company filed for bankruptcy under Chapter 7 of the U.S. bankruptcy code, it had the following balance sheet information: Assuming there are no legal fees associated with the...
-
The Graduate Management Admission Test (GMAT) is a standardized exam used by many universities as part of the assessment for admission to graduate study in business. The average GMAT score is 547...
-
Debra Bishops cabinet-making shop, in Des Moines, has five tools that automate the drilling of holes for the installation of hinges. These machines need setting up for each order of cabinets. The...
-
Robert is a British citizen, who was born and resides in London, England with his spouse, Maria. Robert has a four-year Bachelor's degree in Engineering Technology from the University of Cambridge in...
-
Fill in the missing values in the following table. Assume for simplicity that taxes are zero. Also assume that the values represent billions of 2012 dollars. National Income and Real Consumption GDP...
-
An article on bloomberg.com in 2019 discussed revised GDP data from the Japanese government that showed a larger increase in real GDP: Part of the upward revision was due to a change in estimated...
-
Evaluate the iterated integral. *2y (x+y dz dx dy Jo Jy
-
(A) We are given three diffent vectors: A = 6-3, B=-11+5j and C = A + B. (1) C = 2, (2) C = 51, (3) C = 5 + 2), (4) C=7+8 What is C in component form? A. 3 B. 1 C. 4 D. 2 Using the same three vectors...
-
Q7) Estimated investment function for Turkey between 1951-1976: where I: investment, Y: GNP, M: Imports. Following information is given = 1633.55 + 154.32Y+0.12Mt + 584.54D-41.42DtYt + 0.34DtMt i)...
-
Q4) We are trying to analyse the money spent for entertainment (ENT) in Turkey. Suppose we define: gender (G) as male or female; nationality (N) as Turkish or foreign; and marital status (M) as...
-
Consider the linear model: Y;= a + a (X - X) + U. Find the OLS estimators of ag and a. Compare with the OLS estimators of 30 and 31 in the standard model discussed in class (Y = 30 +3X; + ui).
-
1. A monopolist produces two commodities that are substitutes and having demand functions: X-8-P+P and X=9+P-5P, where 1,000 X, units of first commodity are demanded if its price is Rs P, per unit...
-
The following figure shows an Excel spreadsheet that compares total ordering and holding costs for some current order quantity to the same costs for the EOQ and calculates how much could be saved by...
-
Which of the followingcarbocations is the least stable? CH3CH2 . CH3CHCH3 CH3 I . CH3C0 T CH3 IV. V. CH3 CH3CCH2 CH3
-
Professor Schmidt, a geologist, has agreed to purchase McDonalds farm for a price of $2,000 per acre, which corresponds to the price of good quality farmland in the vicinity. However, Schmidt, on the...
-
Suppose that the seller is very attached to her home and wishes to sell only to someone who will maintain the property as a single family dwelling. A prospective buyer says that he, too, wants to use...
-
Explain the relationship between the availability of substitutes and the elasticity of demand for a good.
-
Maria Santiago brought her daughter Jessica, age 17, to the office with the chief complaint as back pain. Maria indicates that Jessica was in a car accident 30 days ago while driving to school with...
-
Managers often use variance analysis in employee performance evaluations for the following two attributeseffectiveness and efficiency. Variance analysis alerts management to whether the organization...
-
Pharoah Company entered into these transactions during May 2025, its first month of operations. 1. Stockholders invested $44,500 in the business in exchange for common stock of the company. 2....
Study smarter with the SolutionInn App