During an eighteen-month period,sales of Mercedes automobiles,Carnival Cruise vacations,and Florida real estate increased by at least 20 percent.A marketer might deduce that the business cycle is in the late stages of recovery or experiencing a period of economic prosperity.

Question

Quizplus · Accepted Answer

An increase in sales of luxury goods such as Mercedes automobiles, Carnival Cruise vacations, and Florida real estate indicates a period of economic prosperity or the late stages of economic recovery. Therefore, the deduction that the business cycle is in the late stages of recovery or experiencing a period of economic prosperity is true.

During an Eighteen-Month Period,sales of Mercedes Automobiles,Carnival Cruise Vacations,and Florida