Which of the following indexes includes the stocks of 500 companies that are widely owned and that represent all sectors of the U.S. economy?
a. Standard & Poor's 500
b. Dow Jones Industrial Average
c. BSE Sensex
d. Mid-Cap-50
e. NSE 20 Share Index
a
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Varying the quantity of output produced and sold at preset prices is called:
A. self-correcting economics. B. Say's law. C. meeting demand. D. spurring inflation.
Which of the following officially ended the cooperation between the Treasury and the Fed that had taken place during World War 2?
A) Truman doctrine B) Federal Reserve Act of 1951 C) Dodd-Frank Act D) Treasury-Federal Reserve Accord
The most commonly used measure of changes in the cost of living for households
a. real GDP. b. the CPI. c. nominal GDP. d. the GDP deflator.
The outcome of a competitive oligopoly:
A. is less efficient than that of colluding oligopolists. B. is more efficient than that of a perfectly competitive outcome. C. is more efficient than that of a monopolist. D. is less efficient than that of a monopolist.