Consider the following data concerning the NYSE:
| Year Don't use plagiarized sources. Get Your Custom Essay on consider the following data concerning the nyse 551684 For $10/Page 0nly | Average Daily Trading Volume | Annual High Price of an |
| 1991 | 178,917 | $ 440,000 |
| 1992 | 202,266 | 600,000 |
| 1993 | 264,519 | 775,000 |
| 1994 | 291,351 | 830,000 |
| 1995 | 346,101 | 1,050,000 |
| 1996 | 411,953 | 1,450,000 |
What do you conclude about the short-run relationship between trading activity and the value of a seat?
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