The price of a stock will decrease, ceteris paribus, when
A. The supply of the stock decreases.
B. Future earnings expectations increase.
C. There is a shortage of the stock at the current price.
D. The interest rate increases.
Answer: D
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The stabilization policies of government are most likely to promote
A) high employment. B) price stability. C) reduced aggregate fluctuations. D) the interests of those who plan and execute them. E) the interests of the majority of voters.
Describe three types of gains from trades?
A) trades of exchange rates for goods or services, trades of goods or services for property, and trades of gold for textiles B) trades of goods or services for goods or services, trades of goods or services for assets, and trades of assets for assets C) trades of imports for exports, trades of exports for imports, and trades of natural resources for financial assets D) trades of services for goods, trades of currency for services, and trades of one type of currency for another E) trades of current goods for future services, trades of currency for gold, and trades of one type of currency for another
___ resources are those for which the quantity desired exceeds the quantity available
a. Tangible b. Scarce c. Physical d. Insatiable
The term economic growth can be used in reference to absolute real economic growth or to per- capita real economic growth
Indicate whether the statement is true or false