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NEW QUESTION: 1
We spent Sunday afternoon wandering aimless in the park.
A. wandering aimlessly
B. wandering aimless
C. wandering without purpose
D. wandering almost aimlessly
E. wandering in an aimless manner
Answer: A
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION: 2
Which of the following credit arrangements would most likely be considered a purpose credit because it is indirectly secured by margin stock?
A. Bank is the trustee for a qualified pension plan from which the participants may borrow and use their interest in the plan as security; a participant borrows money for the purpose of purchasing margin stock
B. A loan made to a company for various corporate purposes, including the purchase of margin stock, secured by the corporate assets, which from time to time include margin stock; on the date of the consummation of the transaction approximately 10 percent of the assets of the company are margin stock
C. A loan made to purchase margin stock secured by nonmargin stock
D. A loan made to purchase margin stock, guaranteed by an individual who has pledged margin stock as security for the guarantee
Answer: D
NEW QUESTION: 3
Studies have found that the confidence index
A. has varied more or less logarithmically with stock index values.
B. has not been very useful for predicting stock price movements.
C. has been very useful for predicting stock price movements.
D. has been moderately useful for predicting stock price movements.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Many technical analysts believe that the confidence index accurately reflects investors' attitudes toward financial markets. They view it as a useful way to follow the "smart money" on Wall Street. Yet several studies have found that the index is not very useful for predicting stock price movements.
