According to the random walk theory of stock market? pricing,
A. if the price went up today it will probably go up tomorrow.
B. people with economic training can make certain profits in the stock market.
C. there are no predictable trends in stock prices.
D. on any given? day, fifty percent of the stocks will increase in price and fifty percent will decrease in price.
Answer: C. there are no predictable trends in stock prices.
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Indicate whether the statement is true or false
In the United States, which of the following is an example of a government-sponsored good?
A) wireless networks B) concerts C) cigarettes D) marijuana
When the U.S. government runs a deficit, the savings in the market for loanable funds shifts:
A. left, increasing interest rates and decreasing domestic investment and NCO. B. left, decreasing interest rates and increasing domestic investment and NCO. C. right, decreasing interest rates and increasing domestic investment and NCO. D. right, increasing interest rates, and increasing domestic investment and NCO.
Monopolistic competition is characterized by
A. one firm selling several products. B. many firms selling the same product. C. many firms selling slightly different products. D. one firm selling one product.