Question
Which of the following industries is most sensitive to changes in the business cycle? A. The tobacco and alcohol industries B. The automobile and durable
Which of the following industries is most sensitive to changes in the business cycle?
A.
The tobacco and alcohol industries
B.
The automobile and durable goods industries
C.
The food and pharmaceutical industries
D.
All of the above are equally sensitive to changes in the business cycle
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Economics Principles and Policy
Authors: William J. Baumol, Alan S. Blinder
12th edition
978-0538453677, 538453672, 978-0538453622, 538453621, 978-0538453653
