Here are four industries and four forecasts for the macroeconomy. Choose the industry that you would expect to perform best in each scenario.
Industries:
- housing construction,
- health care,
- gold mining,
- steel production.
Economic Forecasts:
- Deep recession: falling inflation, falling interest rates, falling GDP.
- Superheated economy: rapidly rising GDP, increasing inflation and interest rates.
- Healthy expansion: rising GDP, mild inflation, low unemployment.
- Stagflation: falling GDP, high inflation.