The confidence index indicates a strong share market when the
A) ratio between the average yield on S&P ASX200 shares to the average yield on high- grade corporate bonds rises.
B) demand for bonds declines relative to the demand for equity securities.
C) consumer confidence index rises above its long- term trend.
D) ratio of the average yield on high- grade corporate bonds to the average yield on low- grade corporate bonds rises.
Correct Answer:
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