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LOS g: Explain the relationship of inflation to the business cycle and the implications of inflation for cash, bonds, equity, and real estate returns.
Q1. Which of the following statements regarding spending and the business cycle is least accurate?
A) Business spending is less volatile than consumer spending.
B) The inventory cycle is shorter than the business cycle.
C) As a percentage of GDP, consumer spending is much larger than business spending.
Q2. Which inflation rate would allow for the greatest consistent long term growth of equity value?
A) 2%.
B) 8%.
C) 5%. | 
发表于 2009-3-5 13:04
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