The four phases of a single business cycle are, in order, the trough, followed by a recovery, then a recession, ending with a peak

Among the following, which is the broadest measure of stock prices in the United States?

A) Dow Jones Index B) FT index C) Nikkei Index D) Term Structure Index E) Standard and Poor's 500 Composite Index

If the price level rises, what will happen to the demand for reserves?

a. It will shift outward. b. It will shift inward. c. It will remain unchanged. d. It depends on what happens to interest rates.