Is main street unaffected from higher stock prices

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Problem 1: It's frequently questioned whether what happens on Wall Street is disconnected from Main Street. The argument is that only the very rich care about investing since the majority of citizens aren't considered external stakeholders that either benefit or lose from rises or declines in the stock prices of companies. Do you agree? Is Main Street (or middle and lower income citizens) benefiting, losing, or unaffected from higher stock prices and the prosperity of business? Explain.

Reference no: EM132660873

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