Comparisons of Stock Performance Should Use Percentage Changes Instead of Absolute

question 34

True/False

Comparisons of stock performance should use percentage changes instead of absolute price changes.

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Definitions:

SUVs

Sport Utility Vehicles; a category of large vehicles that are designed for off-road use or have capabilities for off-road use but are often used as family cars.

Downward-Sloping

A characteristic of demand curves in economics, indicating that demand decreases as the price increases.

FICA Tax

A U.S. federal payroll tax that funds Social Security and Medicare, required to be paid by both employees and employers.

Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good.