The business cycle is measured in terms of changes in real Gross Domestic Product and is associated Show more The business cycle is measured in terms of changes in real Gross Domestic Product and is associated with changes in the unemployment rate. The financial performance of most industries is affected by the business cycle although not equally. Consider an industry or a firm and suggest how vulnerable they are to the business cycle and some reasons why. You can use data from the last recession (2007-09) and subsequent economic recovery if applicable. Show less
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