6. Unlike other investors, you believe the Fed is going to loosen monetary policy. What would be your recommendations about investments in the following industries?

a. Gold mining

b. Construction

8. Which of the following forecasts is consistent with a steeply upwardly sloping yield curve?

a. Monetary policy will be expansive and fiscal policy will be expansive.

b. Monetary policy will be expansive while fiscal policy will be restrictive.

c. Monetary policy will be restrictive and fiscal policy will be restrictive.

9. Which of the following is not a governmental structural policy that supply-side economists believe would promote long-term growth in an economy?

a. A redistributive tax system.

b. A promotion of competition.

c. Minimal government interference in the economy.