Which of the following statements can be correctly made about the dow jones industrial average (djia)
The djia consists of stocks that constitute more than 50% of all publicly traded stocks
The djia is an excellent broad based measure of the general stock market
The CORRECT STATEMENT would be The djia is an excellent broad based measure of the general stock market.
The statement “ The djia consists of stocks that constitute more than 50% of all publicly traded stocks” is FALSE because dow jones industrial average considers or tracks only 30 large, publicly-owned blue chip companies trading on the New York Stock Exchange (NYSE) and the NASDAQ. So to say that the DJIA consists of stocks which constitute more that 50% of all publicly traded companies would be INCORRECT.
PLEASE DON’T FORGET TO GIVE A THUMBS UP ??!!!
Get Answers For Free
Most questions answered within 1 hours.