The New York Stock Exchange (NYSE) originated as:
A. a decentralized electronic market made up of dealers all over the world.
B. a financial market where nearly 100 million shares of stock are traded every business day.
C. the only centralized stock exchange in the world.
D. an example of a centralized exchange.
Answer: D
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Suppose the president of a college argues that a 25 percent tuition increase will raise revenues for the college. It can be concluded that the president thinks that demand to attend this college is:
a. elastic. b. inelastic, but not perfectly inelastic. c. unitary elastic. d. perfectly elastic.
Unlike other methods, present value analysis indicates that a project should be undertaken if the NPV is greater than zero regardless the income distribution.
A. True B. False C. Uncertain
During the latter 1990s and into the early 2000s, the U.S. stock market boomed reflecting rapid growth in the U.S. economy. In terms of demand for and supply of dollars, explain what possible impacts this rapid increase in stock market values could have on the exchange rate.
What will be an ideal response?
Deflation began in the year _____.
