The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin

تمرين 26

Visit http://www.forecasts.org/data/index.htm. Click on Stock Index at the very top of the page. Now choose U.S. Stock Indices-monthly. Review the indexes for the DJIA, the S P 500, and the NASDAQ composite. Which index appears most volatile? In which index would you rather have invested in 1985 if the investment had been allowed to compound until now?