Industries most sensitive to inflation-induced profits are those with
A) seasonal products.
B) cyclical products.
C) consumer products.
D) high-profit products.

Question

Quizplus · Accepted Answer

Cyclical products refer to goods or services that follow economic cycles or fluctuations, such as construction, automobiles, and airline tickets. Inflation can have a significant impact on these industries, as higher prices for raw materials, labor, and transportation can eat into profits. Therefore, industries that are cyclical are most sensitive to inflation-induced profits.

Industries Most Sensitive to Inflation-Induced Profits Are Those with