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.
Source: Josh Mitchell, “U.S. GDP Growth Slowed on Tepid
Consumer,” Wall Street Journal, April 28, 2017.
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here