Quiz Ch 12 – Cyclical Nature of Purchases

Essentials of Investments

Bodie, Kane, and Marcus

12th Edition

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For items where __________ is crucial and purchases depend on __________, they are typically less cyclical.

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  • Search Terms: __________ and are be costs; cyclical entertainment fixed for goods; high important in income b) luxuries; is items less leverage c) discretionary nature. a) necessities; not of product purchase d) produced purchases tend that time to which with
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