Quiz Ch 12 – Identifying Fiscal Policy Components
Essentials of Investments
Bodie, Kane, and Marcus
12th Edition
Which action does NOT fall under fiscal policy?
Which action does NOT fall under fiscal policy?
What is the key factor enabling abnormal returns in macroeconomic analysis compared to others?
What analysis involves assessing the broader economic environment before evaluating the firm’s industry and position?
Which method of securities analysis involves anticipating future earnings and dividends?
What are the anticipated beta values for cyclical and defensive industries, respectively?
In which phase of the business cycle would investing in capital goods industries like industrial equipment, transportation, and construction be advantageous?
In which phase of the business cycle are pharmaceuticals, food, and other necessities expected to perform well?
What is the main factor that leads to inflation?
What characteristic is typically seen in firms in the early stages of their industry life cycle?
Which entity has the main responsibility for managing the supply of funds in the economy?