Question

KNOWLEDGE CHECK "The Total Market Cap of the Stock Market Will Go Down 36,000 Points" In 1999, James Glassman and Kevin Hassett published a book called "Dow 36,000." At the time, the Dow Jones Industrial Average Index was just under 12,000. Which of the following is a potential substitute for the book title? "The Sum of the Share Prices of All 30 Dow Jones Members Will Triple" "The Sum of the Market Caps of All 30 Dow Jones Members Will Triple" DOW 36,000 Click to enlarge image. "The Average Retirement Account of an Industrial Worker Will Triple" « PREV SUBMIT

Answer 1

The potential substitute for the book title "Dow 36,000" could be "The Sum of the Market Caps of All 30 Dow Jones Members Will Triple".

Step-by-step explanation:

The potential substitute for the book title "Dow 36,000" could be "The Sum of the Market Caps of All 30 Dow Jones Members Will Triple". This is because the Dow Jones Industrial Average Index represents the market capitalization-weighted average of 30 large companies listed on the New York Stock Exchange. If the sum of the market caps of all the companies in the index tripled, it would align with the idea of the Dow Jones reaching 36,000 points.