When Stock Prices Fall

question 41

Multiple Choice

When stock prices fall

• A)an individual's wealth is not affected nor is their willingness to spend.
• B)a business firm will be more likely to sell stock to finance investment spending.
• C)an individual's wealth may decrease but their willingness to spend is not affected.
• D)an individual's wealth may decrease and their willingness to spend may decrease.

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Definitions:

Genes

Units of heredity that are made up of DNA and are responsible for the inherited characteristics in living organisms.

Phenotype

The observable characteristics or traits of an organism, such as its morphology, development, biochemical or physiological properties, behavior, and products of behavior.

Genotype

The genetic makeup of an organism, consisting of the inherited alleles and serving as the blueprint for an organism's traits.

Monozygotic Twins

Twins that are genetically identical as they were formed from a single fertilized egg that split into two, sharing 100% of their DNA.