Stock prices start to rise
A) when investors begin to expect an economic recovery will soon begin.
B) when the unemployment rate begins to decline following a recession.
C) when investors are confident that the economy is more than 6 months into an economic recovery.
D) when investors believe an economic recovery has already begun.
A
You might also like to view...
By fixing its exchange rate, China is most likely
A) achieving a low inflation rate by anchoring to the U.S. inflation rate. B) keeping its export prices low. C) making it easier to compete in world markets. D) Both B and C.
The market for lawn services is perfectly competitive. Larry's Lawn Service cannot increase its total revenue by raising its price because ________
A) Larry's supply of lawn services is perfectly inelastic B) the demand for Larry's services is perfectly inelastic C) Larry's supply of lawn services is inelastic D) the demand for Larry's services is perfectly elastic