Which type of industry tends to have more volatile output during cyclical fluctuations?

CA Foundation · Business Economics · MTP · May 2026
Which type of industry tends to have more volatile output during cyclical fluctuations?
(A) A. Durable goods industries
(B) B. Non-durable goods industries
(C) C. Services sector
(D) D. Public administration

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Durable goods industries

Topics: Business Cycles

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