1. The economic goals of the Federal Reserve include

1. economic growth

2. full employment

3. stable prices

2 and 3

1, 2 and 3

1 only

1 and 2

2. The client asks you to consider buying Tesla because of its branding and competitive advantages. This is an example of:

bottom-up investing

GARP investing

top-down investing

sideways investing

3. The president, despairing over the news that the economy is in a recession, would not be able to do the following:

increase the money supply

decrease the tax rate

increase tariffs

increase the government deficit

4. You would like to invest the client's money in the stock market the moment the economy starts to improve. Which indicator would likely give a leading signal that the economy is going to improve.

Unemployment rate

Manufacturers new orders

Consumer Price Index

Personal Income