Which of the Following Correctly Describes the Slope of the Demand

question 45

Multiple Choice

Which of the following correctly describes the slope of the demand and supply curves?

• A) upward sloping downward sloping
• B) no slope upward sloping
• C) downward sloping no slope
• D) downward sloping upward sloping

---

Definitions:

S&P 500

A stock market index tracking the performance of 500 of the largest companies listed on stock exchanges in the United States.

DJIA

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.

Lloyds of London

A British insurance and reinsurance market, where members join together as syndicates to insure and spread risks.

FDIC

The Federal Deposit Insurance Corporation, a U.S. government agency insuring deposits in banks and thrift institutions, offering depositors protection against bank failure.