________________ Represents 75% of the Total Value of Firms Listed

question 77

Multiple Choice

________________ represents 75% of the total value of firms listed on the NYSE, while ____________________ includes 1,700 individual firms.

• A)The Dow Jones Industrial Average; Value Line Average
• B)Wilshire 5000; Russell 2000
• C)The Value Line Average; Standard & Poor's Composite
• D)The Dow Jones Composite Average; the Standard & Poor's Industrials
• E)The Standard & Poor's 500 Index; Value Line Average

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Definitions:

Minimum Wages

The lowest legal wage that can be paid to workers, set by government laws to protect employees from unduly low pay.

Structural Unemployment

A type of unemployment that results from a mismatch between the skills that workers offer and the skills demanded by employers.

Surplus of Labor

A situation in which the supply of labor exceeds the demand for labor, often resulting in unemployment or underemployment.

Minimum-Wage Law

Legislation that sets the lowest hourly wage rate that an employer can legally pay its workers, intended to protect workers from exploitation.