A simple index of three stocks have opening values on day 1 and day 8 as shown in the table below. Day 1 No. shares Price per Day 8 No. shares price per 4000 Stock ABC Stock XYZ Stock QRS 4000 5000 6000 share $3.15 $4.30 $4.60 share $3.50 $3.90 $4.50 5000 6000 What is the rate of change of this simple index over one week? Round your answer to the nearest tenth. O A. -1.2% O B. 1.2% O C. 2.0% O D. -2.0%

Suppose an economist believes that the price level in the economy is directly related to the money supply, or the amount of money circulating in the economy. the economist proposes the following relationship: p=a x m - p=price level - m=money supply - a=a composite of other factors, including real gdp, that change very slowly over time. how might an economist gather empirical data to test the proposed relationship between money and the price level? an economist would persuade the federal reserve to change the money supply to various levels, and observe the resulting changes in the price level. unlike researchers in the hard sciences, economists cannot study complex relationships using data. economists do not usually develop theoretical models of the economy but only analyze summary statistics about the current state of the economy. an economist would look for data on past changes in the money supply, and note the resulting changes in the price level

The blank is type of decision-maker who over analyzes information

Your uncle is considering investing in a new company that will produce high quality stereo speakers. the sales price would be set at 1.5 times the variable cost per unit; the variable cost per unit is estimated to be $75.00; and fixed costs are estimated at $1,200,000. what sales volume would be required to break even, i.e., to have ebit = zero?