The efficient markets hypothesis suggests that investors
A) should purchase no-load mutual funds which have low management fees.
B) can use the advice of technical analysts to outperform the market.
C) let too many unexploited profit opportunities go by if they adopt a "buy and hold" strategy.
D) act on all "hot tips" they hear.
A
You might also like to view...
The kinked demand curve model is based on the assumption that rival firms will match a price cut but ignore a price increase.
Answer the following statement true (T) or false (F)
Which of the following does not directly affect the optimal stock of capital?
a) the price of output b) the marginal product of labor c) the depreciation rate d) the risk premium e) taxes
Consumers do not have a strong preference for the output of one seller over that of another in a perfectly competitive market because:
A. there a large number of firms in the market. B. the firms sell a standardized product. C. there are no barriers to entry. D. an individual firm has control over price.
The slope of a straight line:
A. is constant. B. is negative. C. is zero. D. changes along the curve.