An unexpected fall in the Producer Price Index should send bond prices __________ and stock prices __________
A) up; up
B) up; down
C) down; up
D) down; down
A
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New information that might lead to a decrease in a stock's price might be
A) an expected decrease in the level of future dividends. B) a decrease in the required rate of return. C) an expected increase in the dividend growth rate. D) an expected increase in the future sales price.
The hyperinflation of the Revolutionary War period was in part caused by the issuance of paper money with a face value in ______ of dollars
a. millions b. tens of millions c. hundreds of millions d. billions of dollars
Which of the following countries has the lowest level of average educational attainment?
a. Canada b. Italy c. India d. Sudan
We must be knowledgeable of how people behave in strategic situations if we are to understand
a. perfectly competitive markets. b. monopolistically competitive markets. c. oligopolistic markets. d. All of the above are correct.