The S&P 500 Composite Stock Index Is Favored by Most

question 125

Multiple Choice

The S&P 500 Composite Stock Index is favored by most institutional investors and money managers. What does S&P stands for?

• A) Sophisticated and Poised
• B) Standard and Poor
• C) Stylish and Permanent
• D) Sojourn and Perennial

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Definitions:

Goods And Services

The products and activities that satisfy human wants or needs, goods being tangible items and services being intangible.

Barter

A system of exchange where goods or services are traded directly for other goods and services without the use of money.

Commodity Money

Commodity Money is a type of currency in which the value comes from a commodity of which it is made, such as gold or silver coins.

Largely Self-Sufficient

Describes an entity or community that can fulfill nearly all of its needs without external assistance.