1)The Dow Jones Transportation Average was originally called the Dow Jones Railr

Question

1)The Dow Jones Transportation Average was originally called the Dow Jones Railroad average. It is the oldest Dow Index and is an important factor in Dow Theory. The Index moves in the reverse direction of economic trends. that is, as the transportation index goes up, economic trends go down.

True

False

2)Economic Contribution from Transportation Infrastructure Investment is only derived from direct and indirect inputs

True

False

3)The Transportation Service Index (TSI) is a measure of only cargo's production process

Explanation / Answer

1. The given statement is TRUE.

2. The given statement is TRUE  

3. The given statement is FALSE. As the index combines available data on freight traffic, as well as passenger travel.

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