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Fred told his friend that she is very fortunate as the slow-down in the economy has not decreased sales in her grocery store by much compared to the sales of new cars in his car dealership

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