The spectacular continual rise in stock market prices reflected

a. rapidly increasing corporate profits.
b. rapidly expanding productive capacity.
c. declining corporate profits.
d. an expectation that stock prices would rise even higher based on the operation of “the greater fool” principle.
e. all of these choices.


ANS: D

History

You might also like to view...

How did President Obama affect the experience of gays and lesbians in the military?

a. He banned homosexuals from the military. b. He established the "don't ask, don't tell" policy. c. He formally extended the "don't ask, don't tell" policy for ten years. d. He repealed the "don't ask, don't tell" policy. e. He failed to change the "don't ask, don't tell" policy.

History

Which of the following is true of the Office of Price Administration?

a. It lost the support of the public because of a bribery scandal that involved the agency's director. b. Its blatant favoritism toward business interests undermined its credibility. c. It established a nationwide rationing program for certain consumer goods. d. It reluctantly introduced rationing during the last months of the war.

History

How do each of the first three Punic Wars compare to each other? What were the major successes and defeats of each?

What will be an ideal response?

History

In 2006 the Palestinians elected which of the following as their government?

a. Hezbollah b. The Palestinian Liberation Organization c. The Islamic militant group Hamas d. Fatah e. Islamic Jihad

History