The Confidence Index Published by Barron's Is the Ratio of the Average

question 61

Multiple Choice

The confidence index published by Barron's is the ratio of the average yield on 10 top grade corporate bonds to the

• A) Average yield on 30 blue chip corporate stocks.
• B) Average yield on 40 convertible corporate bonds.
• C) Yield on U.S. Treasury bills.
• D) Yield on the Dow Jones average of 40 bonds.
• E) Yield on the Shearson Lehman Hutton Corporate Bond Index

---

Definitions:

Middle-income Households

Families or living units with a total income that falls in the middle of a nation's income distribution, neither rich nor poor.

Purchasing Power

Purchasing power denotes the quantity of goods or services that can be bought with a specific amount of money, reflecting the value of currency.

Economic Infrastructure

The underlying physical and organizational structures needed for the operation of a society or enterprise, such as transportation and communication systems.

Distribution Systems

Networks that a company uses to get its products from the manufacturer to the end consumer.