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DOW JONES AVERAGES: These are the most widely used and recognized indexes of stock market prices in our economy. There are actually three separate indexes, for (1) 30 industrial stocks, (2) 20 transportation stocks, and (3) 15 utility stocks. There's also a composite index for all 65 stocks.
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SLOPE, SHORT-RUN AGGREGATE SUPPLY CURVE The positive slope of the short-run aggregate supply curve, reflecting the direct relation between the price level and real production, results for three primary reasons--inflexible resources, frictional and structural unemployment, and purchasing power imbalances.
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The 1909 Lincoln penny was the first U.S. coin with the likeness of a U.S. President.
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"Ships are safe in harbor. But that is not what ships are for." -- Anonymous
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IRBNE
Income Received But Not Earned
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