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.
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