CFA Practice Question

There are 539 practice questions for this study session.

CFA Practice Question

Toward the top of the economic cycle, as final demand starts to fall off, ______ starts to occur abruptly.
A. firing workers
B. a cut in equipment spending
C. inventory decumulation
Explanation: At the beginning of a recession, companies don't start firing workers right away, and inventory starts to accumulate involuntarily.

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