INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.
-A [cyclical | defensive] stock's price would tend to move in the same direction as the entire market.

Question

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. 
-A [cyclical | defensive] stock's price would tend to move in the same direction as the entire market.

Quizplus · Accepted Answer

A cyclical stock's price tends to move in the same direction as the entire market because it is sensitive to economic cycles, performing well during economic expansions and poorly during contractions.

INSTRUCTIONS: Choose the Word or Phrase in [ ] Which