A securities analyst reports that a cyclical change in non-durable goods has occurred on the downside over the last quarter. Which of the following has probably been a poor investment over the last three months?[A] Shares in a steel company[B] Industrial revenue bonds[C] Shares in a home appliance manufacturer[D] Shares in a brewery

Question

Business

Kaydence Leblanc

24 January, 10:26

A securities analyst reports that a cyclical change in non-durable goods has occurred on the downside over the last quarter. Which of the following has probably been a poor investment over the last three months?[A] Shares in a steel company[B] Industrial revenue bonds[C] Shares in a home appliance manufacturer[D] Shares in a brewery

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Pham · Answer 1

D) Shares in a brewery

Explanation:

Beer is not a durable good, and the security analyst reported non-durable goods are not going to perform well. The analyst didn't specify which non-durable goods would not perform well, but beer is the only possible option. The other three alternatives all relate to durable goods (steel, industries, home appliances).