The original Dow Jones Industrial Average (DJIA) contained ____________ stocks, while the DJIA now consists of ____________ stocks.
A. 10; 500
B. 11; 30
C. 15; 50
D. 20; 60
Answer: B
Economics
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Assume that Ernesto earned a nominal wage rate of $15 per hour in 2001, the base year for the CPI. If the CPI in 2002 was 102.6 and his nominal wage rate was $16 per hour, what was his real wage rate in 2001?
a. $14.62 b. $15.00 c. $15.59 d. $16.00 e. His real wage for 2001 cannot be determined with the information given.
Economics
The first antitrust law in the United States was the
A) Clayton Act. B) Contestable Markets Act. C) the Federal Trade Commission Act. D) Sherman Antitrust Act.
Economics