Why are changes in inventories included as part of investment spending? Suppose inventories decline by $1 billion
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Why are changes in inventories included as part of investment spending? Suppose inventories decline by $1 billion during 2022. How would this $1 billion decrease affect the size of gross private domestic investment and gross domestic product in 2022? Explain.
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Macroeconomics
ISBN: 9781264112456
22nd Edition
Authors: Campbell McConnell, Stanley Brue, Sean Flynn
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