Question: Which statement is true about cyclical industries? a) Cyclical industries have a below-average sensitivity to the state of the economy. b) Cyclical industries have little

Which statement is true about cyclical industries?

a) Cyclical industries have a below-average sensitivity to the state of the economy.

b) Cyclical industries have little sensitivity to the business cycle.

c) Examples of cyclical industries are pharmaceutical firms.

d) Food producers are a good example of cyclical industries.

e) Producers of durable goods are good examples of cyclical industries.

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