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Basic Question 3 of 13

Inventory-sale ratio tends to be ______ when the economy is in the expansion stage.

A. rising
B. stable
C. falling

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Learning Outcome Statements

describe how resourceuse, consumer and business activity, housing sector activity, and external trade sector activity vary over the business cycle and describe their measurement using economic indicators

CFA® 2025 Level I Curriculum, Volume 1, Module 2.