Here are four industries and four forecasts for the macro economy. Match the industry to the scenario in which it is likely to be the best performer.
|
Industry |
Economic Forecast |
|
a. Housing construction |
(i.) Deep recession: falling inflation, |
|
b. Health care |
rates, and GDP |
|
c. Gold mining |
(ii.) Superheated economy: rapidly |
|
d. Steel production |
increasing inflation and interest |
|
(iii.) Healthy expansion: rising GDP, |
|
|
inflation, low unemployment |
|
|
(iv.) Stagflation: falling GDP, high |