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Which one of the following statements is correct? Consumer durables and luxury items would be good investments during the contraction stage of the business cycle.

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Which one of the following statements is correct? Consumer durables and luxury items would be good investments during the contraction stage of the business cycle. O Pharmaceuticals, food, and other necessities would be relatively good performers during the peak stage of the business cycle. Hitech industry is a good industry to invest during the expansion stage of the business cycle. None of the above/below

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