Where Did the Bull and Bear Market Get Their Names?

July 8, 2024 No Comments

A: The terms bear and bull are used to describe general actions and attitudes, or sentiment, either of an individual or the market. A bear market refers to a decline in prices, usually for a few months, in a single security or asset, group of securities or

Where was the Dow Jones when Obama took office?

July 8, 2024 No Comments

A: When President Obama took office on Jan. 20, 2009, the Dow Jones Industrial Average (DJIA) slumped to 7,949.09, the lowest inaugural performance for the Dow since its creation. The S&P 500 and the Nasdaq took similar hits, dropping 5.3 and 5.8 percent, respectively, and

Which countries are most productive in terms of GDP?

July 8, 2024 No Comments

A: If you are measuring productivity based on Gross Domestic Product (GDP), the ten most productive countries in the world are, in order, the United States, China, Japan, Germany, France, the United Kingdom, Brazil, Italy, Russia and India. Each of these countries has a GDP

Which countries have the highest tariffs?

July 8, 2024 No Comments

A: Data on import tariffs are compiled by the World Bank and the World Trade Organization (WTO). Tariff analysis can be complicated, as different rates apply to different products from different partners. Moreover, the listed or “bound” rates often do not match applied rates. The tariff rankings listed

Which countries run the largest budget deficits?

July 8, 2024 No Comments

A: The countries with the largest budget deficits as of March 2015, in order, are Kuwait, Macau, the Republic of Congo, Norway, and Brunei. This is based on an examination of budget deficits as a percentage of gross domestic product (GDP), which puts all countries

Which economic factors most affect the demand for consumer goods?

July 8, 2024 No Comments

A: The consumer goods sector includes a wide range of retail products purchased by consumers, from staples such as food and clothing to luxury items such as jewelry and electronics. While overall demand for food is not likely to fluctuate wildly – although the specific

Which factors are more important in determining the demand elasticity of a good or service?

July 8, 2024 No Comments

A: Demand elasticity measures how sensitive the quantity demanded of a good or service is to changes in other variables. Many factors are important in determining the demand elasticity of a good or service, such as the price level, type of good or service, availability

Who decides to print money in Canada?

July 8, 2024 No Comments

A: In Canada, new money comes from two places: the Bank of Canada (BOC) and chartered banks such as the Toronto Dominion Bank (TD) and the Royal Bank of Canada (RBC). The Canadian banking system is one of the most respected and stable banking systems

Who decides when to print money in India?

July 8, 2024 No Comments

A: The Reserve Bank of India (RBI), manages currency in India. The bank’s additional responsibilities include regulating the country’s credit systems and using monetary policy to establish financial stability in India. The institution is headquartered in Mumbai, India. Before 1934, the government of India had the

Who decides when to print money in the U.S.?

July 8, 2024 No Comments

A: The U.S. Treasury controls the printing of money in the United States. However, the Federal Reserve Bank has control of the money supply through its power to create credit with interest rates and reserve requirements. Since credit is the largest component of the money

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