Among the following, which is the broadest measure of stock prices in the United States?
A) Dow Jones Index
B) FT index
C) Nikkei Index
D) Term Structure Index
E) Standard and Poor's 500 Composite Index
E
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The threat of a strike
a. can serve as an incentive for labor and management to reach an agreement b. destroys incentives for labor and management to reach an agreement c. is usually not taken seriously because employers know the workers will suffer during a strike d. is not taken seriously unless management expects to suffer e. is not taken seriously if public safety is at risk
Which of the following refers to extremely high rates of inflation for sustained periods of time?
a. deflation b. hyperinflation c. bust d. depression
If the world supply curve is SW1,
A. trade is in balance. B. there is a trade deficit. C. there is no trade. D. there is a trade surplus.
The practice of price discrimination is associated with pure monopoly because:
A. it can be practiced whenever a firm's demand curve is downsloping. B. monopolists have considerable ability to control output and price. C. monopolists usually realize economies of scale. D. most monopolists sell differentiated products.