22. Inventories Surge The Commerce Department reported that wholesale inventories rose 1.3 percent in July, the best

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22. Inventories Surge The Commerce Department reported that wholesale inventories rose 1.3 percent in July, the best performance since July 2008. A major driver of the economy since late last year has been the restocking of depleted store shelves. Source: Associated Press, September 13, 2010 Explain how a surge in inventories influences current aggregate demand.

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Parkin Macroeconomics

ISBN: B0070OLVAC

10th Edition

Authors: Michael Parkin

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