- The New York Stock Exchange is used as an indicator of how healthy the economy is. Stocks can increase or
decrease in value based on many factors. Several months ago, the stock
market gained value when the federal
government
announced the passage of the CARES Act that provided
unemployment aid, financial assistance to
businesses
, and $1200 stimulus checks to American taxpayers. Why would
the stock market gain value because of this
news?
AThe CARES Act did not affect the American economy.
BState governments had already passed their own stimulus packages based on the state's needs.
CInvestors grew optimistic because the passage of the CARES Act would ensure that money would still be
circulating in the American
economy.
DThe CARES Act was created to provide assistance to small businesses, not taxpayers.
market gained value when the federal
government
announced the passage of the CARES Act that provided
unemployment aid, financial assistance to
businesses
, and $1200 stimulus checks to American taxpayers. Why would
the stock market gain value because of this
news?
AThe CARES Act did not affect the American economy.
BState governments had already passed their own stimulus packages based on the state's needs.
CInvestors grew optimistic because the passage of the CARES Act would ensure that money would still be
economy.
DThe CARES Act was created to provide assistance to small businesses, not taxpayers.