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Recently the U.S. Congress passed a Tax-reform bill decreasing the personal, and corporate income tax rates. Generally, stock markets welcome the news of tax cuts. The initial, but short-lived hike in stock indices, was followed by a huge crash in the stock market. What do you think are the likely reasons for this volatility in the stock market? Given the current scenario, what would be your advice to someone, who's in their 60's, and is interested in investing in stocks?
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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