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You believe the business cycle is about to enter an expansion phase. All else being equal, are you more likely to buy a cyclical stock
You believe the business cycle is about to enter an expansion phase. All else being equal, are you more likely to buy a cyclical stock or a non-cyclical stock? Why? A | A cyclical stock, because it is more likely to increase in value during an expansion R A cyclical stock, because it is more resistant to changing economic conditions C A non-cyclical stock, because it is more likely to increase in value during an expansion D A non-cyclical stock, because it is more resistant to changing economic conditions
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