Given the Following Information, What Is the 3-Day Simple Moving

question 54

Multiple Choice

Given the following information, what is the 3-day simple moving average as of Day 3?
$$\begin{array} { c c } \text { Day } & \text { Closing Price } \\1 & \$ 13.38 \\2 & 13.89 \\3 & 13.53 \\4 & 12.34 \\5 & 12.59 \\6 & 12.53 \\7 & 13.38\end{array}$$

• A)$12.62
• B)$12.82
• C)$12.97
• D)$13.25
• E)$13.60

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Definitions:

Unemployment Rate

The part of the labor force that is without employment but is actively interested in finding a job.

Full Employment

An economic situation in which all available labor resources are being used in the most economically efficient way.

Production Possibilities Curve

The potential total output combinations of any two goods for an economy.

Production Possibility Curve

A graphical representation showing the maximum combination of goods or services that can be produced with available resources and technology.