The idea that any public information you will be able to find will prove of little value to you when buying and selling stocks, because that information is so quickly incorporated into the trading prices of stocks, is known as the
A) theory of efficient markets.
B) theory of fundamental analysis.
C) principle of context.
D) over-the-counter hypothesis.
Answer: A
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A decrease in a person's real wage necessarily means: a. lower purchasing power
b. a lower nominal wage. c. a lower personal disposable income. d. a higher nominal wage. e. a higher personal disposable income.
?_______ sets the rules and regulates and influences the activities of banks and other institutions.
A. The Bank of America B. The International Monetary Fund C. Congress D. The Federal Reserve
Which of the following helps explain the problem of disappearing political discourse?
A. Moral hazard B. The lemons model C. Statistical discrimination D. Adverse selection
Which of the following is not a negative externality?
a. smog b. noise pollution c. substandard housing d. majority voting