Choose the industry that you would expect to perform best

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Reference no: EM13840068

Here are four industries and four forecasts for the macroeconomy. Choose the industry that you would expect to perform best in each scenario.

Industries:

  1. housing construction,
  2. health care,
  3. gold mining,
  4. 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.

Reference no: EM13840068

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