Economists Speaking Like Policy Advisers Make

question 9

Multiple Choice

Economists speaking like policy advisers make

• A)claims about how the world is.
• B)descriptive statements.
• C)normative statements.
• D)More than one of the above is correct.

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Definitions:

Dow Jones Industrial Average

A stock market index that measures the stock performance of 30 large companies listed on stock exchanges in the United States.

Blue-Chip Stocks

Shares in large, reputable companies known for their ability to operate profitably in good and bad times, often paying dividends to shareholders.

Divisor

A number by which another number is divided in mathematics, or a variable in an index that is used to maintain its continuity.

Securities Holdings

All the investments held by an individual or institution, including stocks, bonds, mutual funds, and other types of securities.