Technical Analysis is a version of:
A) insider trading
B) adaptive expectations
C) rational expectations
D) efficient markets
B
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Porter's five forces portray
a. A zero-sum game b. A game where your profitability comes at the expense of someone else's c. The ability of market participants to create a larger total pie d. Only A&B
One of the functions of money is to serve as a:
A. store of value. B. valuation tool. C. equality enhancer. D. sole way to make payments.
Ceteris paribus, economic growth involves an:
a) Increase in imports. b) Expansion of production possibilities. c) Increase in GDP due to inflation. d) Increase in GDP due to inflation.
If a severe natural disaster reduced the population of a city, one would expect a natural monopoly to:
A. lower prices. B. split into two firms. C. merge with a competitor. D. experience an increase in average costs.