In terms of the stock market, systematic risk refers to the fact that
A) some stocks have higher returns than others.
B) some stocks' returns have a higher variance than others.
C) all stock prices are correlated with the health of the economy.
D) most stock prices are perfectly negatively correlated.
C
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If the nominal GDP is $12,000 in 2005 and $15,000 in 2006, and if inflation is 10% between these years, then
a. employment fell between 2005 and 2006. b. real GDP fell between 2005 and 2006. c. real GDP rose between 2005 and 2006. d. the economy experienced no growth between these years. e. everyone is rich now than they were before.
Which of the following is a social insurance program?
a. Medicaid b. food stamps c. unemployment compensation d. Temporary Assistance for Needy Families e. general assistance