Which of the following statements is correct?
a. NASDAQ is an important stock exchange in the United States.
b. The demand for a corporation's stock is largely based on people's perception of the corporation's profitability in the future.
c. Compared to the Standard & Poor's 500 Index, the Dow Jones Industrial Average incorporates the stock prices of a much smaller number of corporations.
d. All of the above are correct.
d
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The ________ is the interest rate commercial banks pay to the Fed; the ________ is the interest rate commercial banks charge each other for short-term loans.
A. nominal interest rate; real interest rate B. federal funds rate; discount rate C. nominal interest rate; prime rate of interest D. discount rate; federal funds rate
The Rule of 70, as applied to real GDP growth, can be used to find the
A) real GDP growth rate necessary to double growth. B) growth rate of real GDP. C) number of years it takes for the level of real GDP to double. D) population growth rate necessary to double the GDP growth rate. E) number of years it takes for the growth rate of real GDP to double.
You make a $1,000 investment in the stock of ABC Inc. Over the next year the investment decreases by 60%. What percentage increase do you need in the following year on your holding to be back to $1,000?
What will be an ideal response?
If a monopolistically competitive industry is earning short-run profits, new competitors will enter the industry in the long run and compete away those profits.
Answer the following statement true (T) or false (F)