Which of the Following Statements Seems Most Appropriate When the Dow

question 58

Multiple Choice

Which of the following statements seems most appropriate when the Dow Jones Industrial Average increases by 2%?

• A) All stocks on the exchange increased by 2%.
• B) Only the 30 DJIA stocks increased by 2%.
• C) A broad-based market indicator was up by 2%.
• D) The S&P 500 index increased by 2%.

---

Definitions:

Income

The revenue brought in, consistently over time, from professional endeavors or investments.

Budget Constraint

The limits imposed on household choices by income, prices, and taxes, defining the combination of goods and services they can afford.

Income

Proceeds obtained, often periodically, from labor or investment returns.

Utility

A measure of satisfaction or happiness that consumers derive from the consumption of goods and services.