Macroeconomic factors such as the unemployment rate and economic contraction:
A) Minimize stock price volatility.
B) Are irrelevant to shareholder value creation.
C) Have a direct bearing on a firm's stock price.
D) Help shareholders evaluate whether a firm's strategy is working.

Question

Quizplus · Accepted Answer

Macroeconomic factors such as the unemployment rate and economic contraction have a direct bearing on a firm's stock price.

Macroeconomic Factors Such as the Unemployment Rate and Economic Contraction