On August 19, 2002, the Ratio of Stocks Gaining Value

question 96

Multiple Choice

On August 19, 2002, the ratio of stocks gaining value on the New York Stock Exchange to stocks losing value was about 43 to 20. If 869 stocks lost value, how many gained? Round to the nearest Whole number.

• A) 1797 stocks
• B) 892 stocks
• C) 1953 stocks
• D) 1868 stocks

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Definitions:

Bona Fide Occupational Qualification

A legal defense used by employers to justify discrimination based on religion, age, sex, etc., if it is reasonably necessary to the normal operation of that particular business.

Bona Fide Occupational Qualification

A quality or an attribute that employers are allowed to consider when making decisions on the hiring and retention of employees—a quality that when considered in other contexts would constitute discrimination and thus be illegal.

Civil Rights Act of 1964

A landmark federal law in the United States that prohibited discrimination based on race, color, religion, sex, or national origin.

Seniority System

A method of granting privileges, promotions, or pay based on the length of service or tenure with an employer, often used to determine priority in layoffs and job assignments.