In the 15 years ending February 2016, most active portfolio managers failed to beat the market
a. True
b. False
Indicate whether the statement is true or false
True
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Describe how a central bank can increase aggregate demand by influencing expectations
What will be an ideal response?
If a nation is selling more goods and services to foreigners than it is buying from them, then on net it must be selling assets abroad
a. True b. False Indicate whether the statement is true or false
Put yourself in the place of a blacksmith during the early years of the 20th century. Assume you and all the other blacksmiths in the town were doing as well as any alternative options that were available. Then cars began to arrive and fewer horses needed horseshoes. Describe, using terms from this chapter, the sequence of events that ultimately led to you closing your shop and hunting another job.
What will be an ideal response?
Adverse selection is the process by which
A. full-disclosure becomes impossible. B. adversaries communicate negative messages. C. "undesirable" members of a particular market are less likely to participate in exchange. D. "undesirable" members of a particular market are more likely to participate in exchange.