Here are four industries and four forecasts for the macroeconomy. Match the industry to the scenario in which it is likely to be the best performer.

Industry Economic Forecast

a. Housing construction

b. Health care

c. Gold mining

d. Steel production i. Deep recession: falling inflation, interest rates, and GDP ii. Superheated economy: rapidly rising GDP, increasing inflation and interest rates iii. Healthy expansion: rising GDP, mild inflation, low unemployment iv. Stagflation: falling GDP, high inflation