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In Lecture 5 we talked about the role of inventories over the business cycle. Find the appropriate series for inventories (write down which series you

In Lecture 5 we talked about the role of inventories over the business cycle. Find the appropriate series for inventories (write down which series you use), show the series in a graph (with recession periods indicated). What do you see about inventory management over the business cycle? How does this line up with the theory we learnt in Chapter 11?

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