-Consider Figure 16

question 5

Multiple Choice

-Consider Figure 16.3 below,which shows changes in private inventories.Which of the following (approximate) dates are likely to be periods of recession? Given your analysis,inventories are __________.

• A)1980;procyclical
• B)1997;procyclical
• C)2008;countercyclical
• D)2001;procyclical
• E)d and a

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Definitions:

Related Diversification

A strategy where a company expands its operations into areas that are similar to its current lines of business to exploit shared operations or knowledge.

Acquiring New Businesses

The process by which a company purchases other companies to expand its operations, increase its market share, or gain access to new markets or products.

Vertical Integration

A strategy where a company expands its business operations into different steps on the same production path, such as when a manufacturer owns its supplier and/or distributor.

Acquiring Suppliers

The process of taking over or purchasing suppliers to control the supply chain, reduce costs, or secure resources.