Recent evidence supports the belief that new information is incorporated into the value of most stocks within
a. one trading day.
b. one week.
c. one month.
d. about 30 seconds.
d. about 30 seconds.
You might also like to view...
When the aggregate supply curve intersects the aggregate demand curve at a level of real GDP that exceeds potential GDP, is there an inflationary gap or a deflationary gap? What adjustments will take place?
What will be an ideal response?
When unregulated monopolies exist,
A. Quality tends to be higher than with a competitive market. B. Prices tend to be higher than with a competitive market. C. Production tends to be higher than with a competitive market. D. Externalities occur.
A monopolistic competitor is like a monopolist in the short run in that when economic profits are
A. equal to zero, price equals marginal cost. B. equal to zero, price below marginal cost. C. greater than zero, price exceeds marginal cost. D. greater than zero, changes in output are due to changes to plants by existing firms and there is no entry.
The Laffer curve
A) initially slopes upward as increasing tax rates lead to increasing tax revenue but eventually will slope downward as increasing tax rates lead to decreasing tax revenue. B) slopes upward throughout its range since increasing tax rates will always lead to increases in tax revenue. C) is horizontal because tax revenue is independent of the rate of interest. D) slopes downward throughout its range since increasing tax rates will always lead to decreases in tax revenue.