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cuctacuctac wrote:
2009: hummer produced but not sold, Investment goes up, GDP goes up
2012: nothing is produced, hummer gets sold, Consumption goes up but Investment goes down (lower inventory = disinvestment), GDP unaffected.
This is what came to my mind as well. But then a follow up question may then be, since Consumption is a function of previously produced inventories, which have contributed to GDP in previous periods, in what ways does Consumption by itself influence the GDP produced in a certain period? |
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