A Stock That Remains Stable During Declines in the Economy

question 124

Multiple Choice

A stock that remains stable during declines in the economy is called a(n) ____________ stock.

• A) defensive
• B) cyclical
• C) growth
• D) income
• E) blue-chip

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Definitions:

Tobacco

A plant whose leaves are dried and fermented before being put in tobacco products, which are consumed for nicotine.

Euphoria

A state of intense happiness and self-confidence, often more than is appropriate in a given situation, sometimes caused by drugs or manic episodes.

Appetite

The natural desire to satisfy a bodily need, especially for food.

Opiates

A group of drugs derived from opium that are used for their analgesic (pain relief) properties, but can also be addictive.