Which of the following stock market decreases is best explained by the notion of a bubble collapsing?
A. The U.S. stock market in technology stocks in 2000
B. The early-1982 drop in the DJIA
C. The U.S. stock market's drop in late 2008
D. The decade of the 1970s
Answer: A
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The slope of a line equals the
A) change in the variable measured along the x-axis divided by the change in the variable measured along the y-axis. B) change in the variable measured along the y-axis divided by the change in the variable measured along the x-axis. C) change in the variable measured along the x-axis minus the change in the variable measured along the y-axis. D) change in the variable measured along the x-axis multiplied by the change in the variable measured along the y-axis.
The primary cause of diseconomies of scale is scarcity of machinery and capital
a. True b. False Indicate whether the statement is true or false
When the Federal Reserve wishes to, in the long run, decrease inflation, it
A. will increase the money supply by selling bonds. B. will decrease the money supply by selling bonds. C. will increase the money supply by buying bonds. D. has no policy options that will accomplish this.
If a recession in the United Kingdom causes a reduction in British imports and an economic boom in the United States causes an increase in U.S. imports, these events will most likely cause the British pound to ________ and the U.S. dollar to ________.
A. depreciate; depreciate B. appreciate; depreciate C. depreciate; appreciate D. appreciate; appreciate