An article in the Wall Street Journal stated that a change in inventories dragged down the overall
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An article in the Wall Street Journal stated that a change in inventories “dragged down the overall growth in GDP by nearly a full percentage point” below what it otherwise would have been. For this result to have occurred, is it likely that inventories increased or decreased? Briefly explain.
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Related Book For
Essentials Of Economics
ISBN: 9780134797731
6th Edition
Authors: R. Glenn Hubbard, Anthony Patrick O brien
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