Actively managed mutual funds usually fail to outperform index funds, and this fact provides evidence in favor of the efficient markets hypothesis
a. True
b. False
Indicate whether the statement is true or false
True
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Balance of payments deficits arise whenever the exchange rate is pegged at an artificially high level.
Answer the following statement true (T) or false (F)
If a hurricane were to wipe out the majority of the eastern seaboard in the United States:
A. neither the short-run nor long-run aggregate supply curves would be affected. B. only the long-run aggregate supply curve would shift left. C. only the short-run aggregate supply curve would shift left. D. the long-run and short-run aggregate supply curves would both shift left.
The study of why an economy's production capacity increases over time is the subject of growth economics.
Answer the following statement true (T) or false (F)
The costs of pollution are subtracted from the value of final sales before calculating GDP.
Answer the following statement true (T) or false (F)