Apple Computer's Stock Price Jumped When It Announced That Its

question 11

Multiple Choice

Apple computer's stock price jumped when it announced that its revenue had increased because of the successful launch of iPhone and the increased sales of Macintosh computers.This is an example of

• A)market risk.
• B)unsystematic risk.
• C)systematic risk.
• D)common risk.
• E)unwanted risk.

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Definitions:

Aggregate Demand

The overall desire for goods and services within an economy, identified at a given price level and during a specified timeframe.

Taxes

Mandatory monetary fees or different forms of taxes levied on a taxpayer by a government entity to finance government operations and a range of public expenses.

Permanent Tax

A concept in fiscal policy describing taxes that are intended to be implemented indefinitely or without a predetermined end date.

Aggregate Demand

The total market demand for goods and services within an economy at a fixed price level over a certain time period.