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15. When the stock market is trending downwards, we are said to be in a a. Bear market b. Bull Market C. Frog market d.

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15. When the stock market is trending downwards, we are said to be in a a. Bear market b. Bull Market C. Frog market d. Lions market 16. Which of the following is NOT one of the three primary measurements by which we judge the overall health of the economy? a. GDP b. Inflation c. Unemployment d. Stock Market 17. If an individual short sells a stock, they are predicting that a. The price of the stock will rise b. The price of the stock will fall C. The stock will split d. The stock will be in high demand 18. Income taxes in the United States are best described as a. progressive. b. regressive. c. proportional d. retroactive. 19. If we wanted to increase the output of the economy, we could a decrease government spending b. increase interest rates C. cut taxes raise taxes 20. The market for pop in the United States, dominated by Coke and Pepsi, would most likely be classified as a. a monopoly b. an oligopoly c. a monopolistically competitive market. d. a perfectly competitive market

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