People differ on the method by which stock should be valued. Some people are chartists, others behavioralists. The basic difference between these groups is:
A. chartists study charts of stock prices; behavioralists focus on investor psychology and behavior.
B. chartists rely on astrological charts to predict stock values, behavioralists rely on psychology.
C. behavioralists are finance based, chartists study charts of investor psychology.
D. chartists and behavioralists are the same in their approach; essentially there aren't any differences.
Answer: A
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A money market mutual fund is
A) essentially the same as a checking account. B) a time deposit of $100,000 or less. C) a time deposit of more than $100,000. D) a depository institution that sells shares and buys securities such as U.S. Treasury bills.
All of the following accurately describe microlending EXCEPT:
A) it involves small loans B) lending is primarily undertaken by the government C) the borrowers are people who are attempting to start or expand a small business D) many economists think it has aided economic growth in many low-income countries
During the Napoleonic Wars (1793-1815),
a. America experienced periods of full employment. b. urbanization increased sharply. c. America bore the brunt of the mercantilist policies of both England and France. d. Both a and c are correct. e. Both a and b are correct.