One of the most widely followed stock indexes in the United States is the Dow Jones Industrial Average. This index represents
A) the stock prices of 500 large U.S. firms. B) the stock prices of 30 large U.S. corporations.
C) the stock prices of more than 4,000 U.S. firms. D) an over-the-counter market.
B
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An inward shift of a nation's production possibilities frontier can occur due to
A) a natural disaster like a hurricane or bad earthquake. B) an increase in the labor force. C) a change in the amounts of one good desired. D) a reduction in unemployment.
Identify the correct statement related to objective and subjective performance measures.
A. Subjective measures induce dysfunctional behaviors while objective measures do not. B. Subjective measures are used in explicit formal contracts. C. Objective measures can create incentives for gaming. D. Objective measures are more accurate than subjective measures.