Page 61 - FINAL CFA SLIDES DECEMBER 2018 DAY 5
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Session Unit 4:
                                                                        17. Understanding Business Cycles, p. 1


    LOS 17.b: Describe how resource use, housing sector activity, and external trade sector

    activity vary as an economy moves through the business cycle., p.84








    Housing Sector Activity, p85


















                                                                          1. Mortgage rates

                                                                          2. Housing costs relative to incomes
                                                                          3. Speculative activity

                                                                          4. Demographic factors
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