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Why and in what way are fiscal policy lags different from monetary policy lags?
Finished Goods
Finished goods that are prepared and available to be bought by customers.
Work in Process Inventory
Inventory that is in the process of being manufactured but is not yet complete.
Direct Materials Inventory
Raw materials that are directly used in the production process and can be easily traced to the finished product.
Finished Goods Inventory
The stock of completed products that are ready to be sold but are still in inventory.
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