If the NASDAQ Stock Market Bubble Peaked at 3,750, and Two

question 68

Multiple Choice

If the NASDAQ stock market bubble peaked at 3,750, and two and a half years later it had fallen to 2,200, what would be the percentage decline?

• A) −15.87 percent
• B) −17.05 percent
• C) −41.33 percent
• D) −58.67 percent

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Definitions:

Unemployed

Individuals who are without a job and actively seeking work.

Coined

Typically used to describe the creation of a new word or phrase, or the act of making coins.

Corporations

Legal entities that are separate and distinct from their owners, allowing them to own assets, incur liabilities, and enter into contracts.

Stock

Represents ownership in a corporation, giving holders a claim on part of the company’s assets and earnings.