If you carefully research the products, technologies, patents, and management of firms, the efficient markets theory of stock prices, predicts that
a. you will probably reap significant gains
b. you will actually decrease your odds of doing better than the average investor
c. you will probably do about as well as someone who did no research
d. you will lose money unless you failed to consider historical stock price patterns
e. both b and d
C
You might also like to view...
By the height of the housing bubble in 2005 and early 2006, lenders had greatly loosened the standards for obtaining a mortgage loan, with many mortgages being granted to ________ borrowers with flawed credit histories and ________ borrowers who did
not document their incomes. A) adjustable rate; shadow-banking B) "fresh-start"; prime rate C) sub-prime; "Alt-A" D) "credit crunch"; black market
If, for a given output level, a perfectly competitive firm's price is less than its average variable cost, the firm
A) is earning a profit. B) should increase output. C) should increase price. D) should shut down.
Explain what the GG-LL model tells us about the benefits of extensive trade between EU member states and comment on the significance of similarity of economic structure in this framework
What will be an ideal response?
Darren loves to go to the movies, and he just learned that he can buy a ticket at a discounted price using his student ID. Darren now attends movies even more often. The change in Darren's behavior would be shown graphically by a:
A. rightward shift in his demand curve. B. leftward shift in his demand curve. C. movement down along his demand curve. D. movement up along his demand curve.