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Recessions

Why do economists attempting to forecast short run future changes in real GDP and employment look closely at data on business inventories and unfilled orders?What conclusion could be drawn if the volume of unfilled orders and average length of delivery times decreased while inventories increased dramatically?

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Economists attempting to forecast short run future changes in real GDP and employment look closely at data on business inventories and unfilled orders because rising inventories imply that ...

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Recessions are evaluated.

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