The Dow Jones Industrial Average is computed based on
A) thirty blue-chip stocks.
B) five hundred blue-chip stocks.
C) all stocks sold on the NYSE.
D) all stocks sold on all organized exchanges in the United States
A
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If the current account balance has a $70 million deficit and there was no change in official reserves during that year, then we know that
A) net transfers were -$70 million. B) the capital account balance must have a $70 million deficit. C) the balance of payments must register a $70 million surplus. D) the official settlements account balance must have a $70 million surplus. E) the capital and financial account balance must have a $70 million surplus.
A consumer who chooses the optimal bundle will go to a point on the highest attainable indifference curve.
Answer the following statement true (T) or false (F)