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Answer :
Final answer:
Services and nondurable goods are somewhat insulated from the severe effects of a recession because they are essential for daily life.
Explanation:
Services and nondurable consumer goods are somewhat insulated from the severe effects of a recession because purchases of services and nondurable goods are considered essential for daily life. Unlike luxury items, which may see a significant decline in demand during a recession, people still need to purchase services like healthcare and education, as well as nondurable goods like food and clothing, regardless of the state of the economy. Therefore, these types of purchases tend to remain relatively stable during economic downturns.
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