The Dow-Jones Industrial Average Index Is All of the Following

question 93

Multiple Choice

The Dow-Jones Industrial Average index is all of the following except

• A) an index based on 30 actively traded large companies on the New York Stock Exchange.
• B) the most widely followed U.S. stock index.
• C) the oldest U.S. stock index.
• D) representative of the U.S. economy.

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Definitions:

Quantity of Output

The total amount of goods or services produced by a firm or industry during a specific time period.

Surplus Supply

A situation where the quantity of a good or service supplied in a market exceeds the quantity demanded at the current price.

Soviet Union

A former federation of communist states in Eastern Europe and Northern Asia, existing from 1922 until its dissolution in 1991, known officially as the Union of Soviet Socialist Republics (USSR).

Price Signals

Indicators that arise from the fluctuation of prices in a market, guiding economic decisions and resource allocation.