An index based on the 500 largest firms traded in the three biggest stock markets is the

A. NASDAQ.
B. Standard and Poor's 500 index.
C. Blue Chip index.
D. Dow Jones Industrial Average.


Answer: B

Economics

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The equation of exchange can be written as

A) MsV = PY. B) MsP = VY. C) MsY = VP. D) None of the above are correct.

Economics

Refer to Figure 23-4. Potential GDP equals $100 billion. The economy is currently producing GDP1 which is equal to $90 billion. If the MPC is 0.8, then how much must autonomous spending change for the economy to move to potential GDP?

A) -$18 billion B) -$2 billion C) $2 billion D) $18 billion

Economics

Is education a public good? Focus on whether it meets the two criteria for being a public good

Economics

In a simple majority vote, the losses to the losers are greater than the gains to the winners. It follows that the

A) outcome of the vote is efficient. B) outcome of the vote is inefficient. C) outcome of the vote will be nullified (most likely by the Courts). D) vote has generated net benefits. E) none of the above

Economics