If Returns on Two Stocks Tended to Move in Opposite

question 14

True/False

If returns on two stocks tended to move in opposite directions, then the covariances and correlations on the two stocks would be negative.

Analyze the causes and effects of the 1937-1938 economic downturn.

Identify the key components of the New Deal.

Recognize the industrial changes that enabled competition among manufacturers.

Know the historical context and impact of the Social Security Act.

---

Definitions:

Net Cost

The actual cost of a product or service after all discounts, rebates, or allowances have been applied.

Breakeven

A situation where the sum of all costs equals the sum of all revenues, with no profit or loss occurring.

Mark-up

The amount added to the cost price of goods to cover overhead and profit, often expressed as a percentage of the cost.

Operating Expenses

Costs associated with the day-to-day operations of a business, excluding cost of goods sold.