Once It Becomes Clear the Economy Is Recovering

question 48

Multiple Choice

Once it becomes clear the economy is recovering,

• A) financial stock rise on expectations of increases in loan demand, housing constructions and security offerings.
• B) consumer durable stocks rise on expectations of rising consumer confidence and personal income.
• C) capital goods stocks rise on expectation of increases in business capital spending.
• D) basic materials stocks rise on expectation of rising profit margins.
• E) consumer staple stocks rise on expectations that consumers will continue to spend on necessities.