Use the Information for the Question(s)below

question 58

Multiple Choice

Use the information for the question(s) below.
Suppose you invest $20,000 by purchasing 200 shares of Abbott Labs (ABT) at $50 per share,200 shares of Lowes Companies,Inc.(LOW) at $30 per share,and 100 shares of Ball Corporation (BLL) at $40 per share.
-The weight on Abbott Labs in your portfolio is:

• A)50%.
• B)40%.
• C)30%.
• D)20%.

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Definitions:

Economic Sectors

The distinct areas of economic activity within an economy, such as agriculture, manufacturing, and services, each contributing to the overall economy.

Basic Sector

Economic activities that provide goods and services beyond the local market, contributing to a region's economic growth by bringing in external income.

Primary Sector

The sector of an economy involving the extraction and collection of natural resources, such as agriculture, forestry, fishing, and mining.

Secondary Sector

The part of the economy that is concerned with transforming raw materials into finished or semi-finished products, often referred to as the industrial sector.