Define the term inventories?

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter15: Measuring A Nation's Income
Section15.3: The Components Of Gdp
Problem 3QQ
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Define the term inventories?

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Inventories refer to the stock of goods of a firm or business.

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