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Basic Question 6 of 6
Inventories often fall ______.
B. at the peak of a business cycle
C. early in a recovery
A. early in a recession
B. at the peak of a business cycle
C. early in a recovery
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
Learning Outcome Statements
describe the business cycle and its phases
CFA® 2024 Level I Curriculum, Volume 1, Module 2.