Random walk theory says
a. throwing darts will pick winners.
b. random selection of stocks will do as well as other methods of stock choice.
c. speculation can't lose if you wait long enough.
d. investment in stocks can't be profitable.
b
You might also like to view...
Comparing a perfectly competitive market to a single-price monopoly with the same costs, we see that
A) both markets are equally efficient in their use of resources. B) the monopoly market always is more efficient in the use of resources. C) the perfectly competitive market achieves efficiency in resource use while the monopoly market does not. D) the monopoly market achieves efficiency in resource use while perfectly competitive market does not. E) None of the above answers is correct because comparing a perfectly competitive market to a monopoly is impossible.
If more firms enter a market that initially had 20 firms in it, then the Herfindahl-Hirschman Index will ________
A) increase B) decrease C) not change D) change in an unpredictable direction
A theory suggesting that price stickiness leads to sluggish short-run adjustment of the price level to variations in aggregate demand is known as
A) new Keynesian flexible-price business cycles. B) new Keynesian inflation dynamics. C) real-business-cycle fixed-price business cycles. D) real-business-cycle inflation dynamics.
A bond buyer is a
a. saver. Long term bonds have less risk than short term bonds. b. saver. Long term bonds have more risk than short term bonds. c. borrower. Long term bonds have less risk than short term bonds. d. borrower. Long term bonds have more risk than short term bonds.