The Dow Jones Industrial Average is an arithmetic average of ________ blue-chip industrial stocks.

A dramatic and sustained increase in oil prices would most likely:

a. increase demand-pull inflation. b. decrease demand-pull inflation. c. increase cost-push inflation. d. decrease cost-push inflation.

Once the demand curve for a product or service is drawn, it

a. remains stable over time. b. can shift either rightward or leftward. c. is possible to move along the curve, but the curve will not shift. d. tends to become steeper over time.