a.

Bollinger bands:

Multiple Choice

depict a 2-standard-deviation bound around a moving average.

are a graphical representation of an exponential moving average.

are equal to the 20-day moving average plus or minus one standard deviation.

graphically reflect the differences between two moving averages.

graphically depict the relative strength of a security as compared to the market.

b. During the mid part of the business cycle, all of the following typically are happening in the economy EXCEPT

Multiple Choice

credit growth strong

inventories and sales growing

profit growth peaks

policy eases

c.

Which of the following is considered a lagging economic indicator?

Multiple Choice

commercial and industrial loans outstanding

money supply growth

industrial production

manufacturing and trade sales

personal income less transfer payments