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, interest rates, and GDP |
|
b. Health care |
(ii) Superheated economy: rapidly rising GDP, increasing inflation and interest rates |
|
c. Gold mining |
(iii) Healthy expansion: rising GDP, mild inflation, low unemployment |
|
d. Steel production |
(iv) Stagflation: falling GDP, high inflation |