Briefly describe the three most widely followed stock indexes in the United States
What will be an ideal response?
1. The Dow Jones Industrial Average, which is an index of the stock prices of 30 large U.S. corporations.
2. The S&P 500, which is an index prepared by Standard & Poor's Corporation and includes the stock prices of 500 large U.S. firms.
3. The NASDAQ Composite Index, which includes the stock prices of more than 4,000 firms whose shares are traded in the NASDAQ stock market. NASDAQ is an over-the-counter market, meaning that buying and selling on NASDAQ is carried out between dealers who are linked together by computer. The listings on NASDAQ are dominated by high-tech firms such as Apple, Facebook, and Twitter.
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The relationship between the unemployment rate and the natural unemployment rate is that the unemployment rate
A) fluctuates about the natural rate. B) equals the natural rate. C) is always below the natural rate. D) is always above the natural rate.
Starting from long-run equilibrium, an increase in autonomous investment results in ________ output in the short run and ________ output in the long run.
A. lower; potential B. higher; higher C. lower; higher D. higher; potential