Today, the Dow Jones Industrial Average
A. consists of 30 stocks.
B. is a set group of stocks that remains constant over time.
C. contains stocks that are widely held by institutional investors and individuals.
D. contains both stocks and bonds of large American companies.
E. a and c
Answer: E
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Which did not cause significant navigation problems on inland waterways?
a. ice b. variations in the heights of rivers c. sand bars d. sunken ships e. inland piracy
People basically borrow in order to
A. have more funds. B. go into debt. C. have interest payments. D. have current consumption rather than waiting to consume in the future.
When consumers maximize utility, they are equating the ratio of marginal utility to price across all goods consumed.
Answer the following statement true (T) or false (F)
Y = C + I even when the economy is not in equilibrium.
Answer the following statement true (T) or false (F)