5.(1 point) If the currency of your country is depreciating, this should imports. exports and A) stimulate; stimulate B) stimulate; discourage C) discourage; stimulate D) discourage; discourage 6. (1 point) An investment strategy that entails shifting the portfolio into industry sectors that are expected to outperform others based on macroeconomic forecasts is termed A) sector rotation B) contraction/expansion analysis C) life-cycle analysis D) business-cycle shifting 7. (1 point) The price-to-sales ratio is probably most useful for firms in which phase of the industry life cycle? A) start-up phase B) consolidation C) maturity D) relative decline 8. (1 point) Firms with higher expected growth rates tend to have P/E ratios that are the P/E ratios of firms with lower expected growth rates. A) higher than B) equal to C) lower than D) There is not necessarily any linkage between risk and P/E ratios