Which of the following indices tracks the largest 500 publicly traded companies?
a. Vix 500
b. Russell Index
c. New York Index
d. Standard & Poor's 500 Composite Index
e. International 500 Index
d. Standard & Poor's 500 Composite Index
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A nominal value is measured:
A. by indexing. B. using the consumer price index. C. in terms of current dollar value. D. in physical terms.
The self-correcting property of the economy means that output gaps are eventually eliminated by:
A. increasing or decreasing potential output. B. government policy. C. decreasing inflation only. D. increasing or decreasing inflation.
Starting from long-run equilibrium, a favorable inflation shock results in a short-run equilibrium with ________ inflation and ________ output.
A. lower; lower B. higher; lower C. higher; higher D. lower; higher
The table above gives Jane's total utility from magazines and CDs. What is the marginal utility of Jane's sixth magazine?
A) 80 units B) 60 units C) 36 units D) 15 units