Many personal finance magazines such as Money and Smart Money routinely give advice as to which stocks to buy. Should you take their advice?
Current stock prices will reflect all of the information contained in the personal finance magazines. Changes in future stock prices will be driven by unpredictable and surprise occurrences. Thus, the advice of financial magazines is unlikely to be very useful to you.
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In the trade-based theory of exchange rate determination, the quantity supplied of a currency in the foreign exchange market results from
A) its exports of goods and services. B) the nation's demand for imports C) the level of domestic absorption. D) the import demand curve.
If the Federal Reserve sells bonds, the required reserve ratio is 0.25 and the money supply decreases by $10,000 . how did the Fed accomplish this change?
a. The Fed sold $10,000 in bonds. b. The Fed sold $7, 500 in bonds. c. The Fed sold $2,500 in bonds. d. The Fed sold $7,518 in bonds. e. The Fed sold $40,000 in bonds.
The poverty line
A. is shifted downward from year-to-year. B. is constant. C. is raised from year-to-year. D. is tied to the unemployment rate.
When analyzing the effects of the government budget deficit
A. the baseline budget should be used since it is the most accurate. B. there should be a comparison of the effect of the deficit to the effects of higher taxes needed to eliminate it. C. no distinction must be made between an economy where full employment exists and one where substantial unemployment exists. D. it is important to examine the effects of the reported capital budget and the reported operating budget separately.