A) Stock prices are one clue as to the future direction of the economy. 121. (Last Word) Which of the following statements is false?

A) Stock prices are one clue as to the future direction of the economy. 121. (Last Word) Which of the following statements is false? A) Stock prices are one clue as to the future direction of the economy. B) Research has shown that changes in stock prices have a relatively modest impact on the economy. C) Black Monday (1987) was followed immediately by a severe recession. D) A rise in stock prices increases consumer wealth and therefore boosts consumption spending slightly.