A rapidly falling stock price would most likely trigger all of the following except:
A. massive sales of the stock.
B. a flood of margin calls.
C. the price to be pushed down even more.
D. a massive amount of purchases.
Answer: D
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The value of the output produced in an economy reflects the value of the income generated by the factors of production used to produce that output
Indicate whether the statement is true or false
Most researchers agree that the New Deal positively impacted
(a) employment and overall production. (b) wages, working conditions and working hours. (c) electricity production and use of it as power. (d) all of the above.
In 1790 the average farmer fed ____ people; today the average farmer feeds _____ people.
Fill in the blank(s) with the appropriate word(s).
In a competitive market, the demand and supply curves are Q = 12 - P and Q = 5P, respectively. If output is fixed at Q = 11, what is the amount of the resulting deadweight loss?
A) 0 B) 0.6 C) 11.4 D) 15