One of the most widely followed stock indexes in the United States is the S&P 500. This index represents
A) the stock prices of the 500 most valuable firms worldwide.
B) the stock prices of more than 4,000 U.S. firms.
C) the stock prices of 500 large U.S. firms.
D) the stock prices of 30 large U.S. corporations.
C
Economics
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A real shock is shown in the AD/AS model as:
A. a shift in the AD curve only. B. a shift in the LRAS curve only. C. a shift in the LRAS, SRAS, and AD curves. D. a shift in both the LRAS and SRAS curves.
Economics
The ultimate source of liquidity in a modern industrial economy is the
A) government Treasury. B) central bank. C) capital market. D) liquidity market.
Economics