For the Years 1951-1990, Based on Standard and Poor's 500

question 3

Multiple Choice

For the years 1951-1990, based on Standard and Poor's 500, the general trends of stock prices and of earnings have been

• A) price up; earnings flat.
• B) price flat; earnings down.
• C) price up, earnings up.
• D) price down, earnings up.

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Definitions:

Decreasing Slope

A downward trend on a graph indicating that one variable decreases as another variable increases.

Risk-loving

A preference for options with uncertain outcomes, even when the expected return is the same as safer alternatives.

Universal Health Coverage

A health care system in which all individuals have access to quality health services without suffering financial hardship.

Lemon Laws

Laws designed to offer remedies to consumers for products such as automobiles that repeatedly fail to meet standards of quality and performance.