Pharmaceuticals, food, and other necessities would be good performers during the ________ stage of the business cycle.

Name: Pharmaceuticals, food, and other necessities would be good performers during the ________ stage of the business cycle.
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Question

Quizplus · Accepted Answer

During the contraction stage of the business cycle, consumers tend to prioritize spending on essentials such as pharmaceuticals, food, and other necessities, making these sectors more resilient compared to others.

Pharmaceuticals, Food, and Other Necessities Would Be Good Performers During