In the 3-month period november 1, 2014, through january 31, 2015, hess corp. (hes) stock decreased from $80 to $64 per share, and exxon mobil (xom) stock decreased from $96 to $80 per share.† if you invested a total of $23,360 in these stocks at the beginning of november and sold them for $19,040 3 months later, how many shares of each stock did you buy?

The former chairman of the federal reserve, alan greenspan, used the term "irrational exuberance" in 1996 to describe the high levels of optimism among stock market investors at the time. stock market indexes such as the s& p composite price index were at an all-time high. some commentators believed that the fed should intervene to slow the expansion of the economy. why would central banks want to clamp down when the economy is growing? a. to block the formation of unsustainable speculative asset bubbles. b. to curtail excessive profits in the banking system. c. to prevent inflationary forces from gathering momentum. d. all of the above. e. a and c only.