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Suppose You Are Considering Buying Stock in the Stock Market

Question 153

Multiple Choice

Suppose you are considering buying stock in the stock market, and your objective is to maximise your net worth.Furthermore, your study of the market reveals that the economy will be slowing down over the next several months.Under these conditions, it would be best to purchase stock in companies that produce________.


A) normal goods.
B) luxury goods.
C) inferior goods.
D) price elastic goods.

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