3. For which kind of asset would you expect to pay the higher average return: stock in...
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3. For which kind of asset would you expect to pay the higher average return: stock in an industry that is very sensitive to economic conditions (such as a car manufacturer) or stock in an industry that is relatively insensitive to economic conditions (such as a water company). Why?
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Related Book For 
Business Economics
ISBN: 388402
2nd Edition
Authors: Mark P. Taylor, Andrew Ashwin, N. Gregory Mankiw
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