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QUESTION

Fred told his friend Flintstone that she is very fortunate as the slow-down in the economy has not decreased sales in her grocery store by much...

Fred told his friend Flintstone that she is very fortunate as the slow-down in the economy has not decreased sales in her grocery store by much compared to sales of new cars in his car dealership. Explain what Fred meant using the concept of the business cycle, durable and non- durable industries. 

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