The theory that there is no predictable trends in securities prices is the
A. capital reinvestment.
B. present value.
C. random walk theory.
D. opportunity cost of capital.
Answer: C
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Ceteris paribus, a real depreciation of the dollar will decrease net exports in the United States
Indicate whether the statement is true or false
Which group has ultimate control over the U.S. economy?
A. Business B. Government C. Multinationals D. Households
Figure 16.4The pollution tax in Figure 16.4:
A. reduces equilibrium output. B. reduces equilibrium price. C. increases supply. D. All of these
The alternative minimum tax (AMT) was created to
A. make sure that everyone had an equal chance of facing a tax audit. B. make sure that upper income taxpayers could not use deductions to avoid paying income taxes. C. make sure poor people paid at least something in taxes. D. make sure that everyone paid the same proportion of their income in taxes.