Industries That Generally Perform Very Well When the Entire Economy

question 21

Multiple Choice

Industries that generally perform very well when the entire economy performs well and perform very badly when the economy performs badly are called:

• A) diversified industries.
• B) cyclical industries.
• C) risk-free industries.
• D) specific-risk industries.

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Definitions:

Cent

A monetary unit worth one-hundredth of various currencies, including the US dollar and the Euro.

Repeating Decimal

A decimal in which one or more digits repeat infinitely.

Decimal Notation

A system of writing numbers that uses a decimal point to separate the whole number part from the fractional part.

Percent Equivalent

A way of expressing a number as a fraction of 100, denoting it with the symbol "%."