Economics (7th Edition) (What's New in Economics)
Economics (7th Edition) (What's New in Economics)
7th Edition
ISBN: 9780134738321
Author: R. Glenn Hubbard, Anthony Patrick O'Brien
Publisher: PEARSON
Question
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Chapter 23, Problem 23.3.4RQ
To determine

The impact of accumulation of unplanned inventories at the time of recession.

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What factors influence the demand for non-durable goods during an economic recession?
When real GDP declines during a recession, what typically happens to consumption, investment, and the unemployment rate?
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Chapter 23 Solutions

Economics (7th Edition) (What's New in Economics)

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