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What Are Inventories? What Usually Happens to Inventories at the Beginning

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What are inventories? What usually happens to inventories at the beginning of a 'contraction' and what usually happens to inventories at the beginning of an 'expansion'?
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What are inventories? What usually happens to inventories at the beginning of a 'contraction' and what usually happens to inventories at the beginning of an 'expansion'?
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Inventories are goods that hav...

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