4. Why are changes in inventories included as part of investment spending? Suppose inventories declined by $1
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4. Why are changes in inventories included as part of investment spending? Suppose inventories declined by
$1 billion during 2012. How would this affect the size of gross private domestic investment and gross domestic product in 2012? Explain. LO1
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Related Book For
Essentials Of Economics
ISBN: 9780077502140
3rd Edition
Authors: Stanley Brue, Campbell McConnell, Sean Flynn
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