Industries most sensitive to inflation-induced profits are those with cyclical products such as lumber, copper, et

Question

Quizplus · Accepted Answer

Cyclical industries are those whose products experience changes in demand and prices depending on the overall economic cycle, and they are more sensitive to inflation because it increases the cost of production and can lead to decreased demand for their products. Lumber and copper are examples of cyclical products that are commonly affected by inflation.

Industries Most Sensitive to Inflation-Induced Profits Are Those with Cyclical