One of the most widely followed stock indexes in the United States is the Dow Jones Industrial Average. This index represents
A) the stock prices of 500 large U.S. firms.
B) an over-the-counter market.
C) the stock prices of more than 4,000 U.S. firms.
D) the stock prices of 30 large U.S. corporations.
Answer: D
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Prices for industrial commodities such as steel rods or machine tools are
A) heavy prices. B) custom prices. C) auction prices. D) sticky prices.
"Localvores" refers to food products which are
A) organically produced. B) imported from foreign countries. C) grown in places which are close to the point of consumption. D) provide health and nutritional benefits in combating diseases.
Why is oligopoly more difficult to model than competition or monopoly?
As a result of the Fed's unconventional purchase of over $1 trillion of mortgage-backed securities in 2009, interest rates on both mortgage-backed securities and home mortgages increased
a. True b. False Indicate whether the statement is true or false