Available evidence indicates that stock prices, even if not exactly a random walk, are very close to a random walk
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
If a large percentage change in price leads to a smaller percentage change in quantity demanded, the result is a:
A. very elastic demand. B. less elastic demand. C. low magnitude of response. D. high magnitude of response.
Which statement about the Life Cycle Hypothesis is NOT true?
A. It describes the choices of consumers who live for a long time. B. It separates consumers' earnings into two stages. C. It assumes that people prefer instability. D. It assumes that people prefer a higher standard of living to a lower standard of living.
If the government purchases multiplier equals 2, and real GDP is $14 trillion with potential real GDP $14.5 trillion, then government purchases would need to increase by ________ to restore the economy to potential real GDP
A) $7.25 trillion B) $1 trillion C) $500 billion D) $250 billion
In the figure above, suppose that $20 is the market equilibrium price. Which area is the consumer surplus?
A) A B) B C) A + B D) B - A E) B รท A