The theory that there is no way to "get rich quick" in securities due to a lack of predictable trends is
A. random walk theory.
B. trading.
C. market trend analysis.
D. no-win theory.
Answer: A
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A general rule is that the economy is experiencing a recession when:
a. real GDP declines for at least six months. b. real GDP declines for at least three months. c. real GDP declines for at least nine months. d. nominal GDP declines for at least nine months.
High Tech, Inc. produces plastic chairs that sell for $10 each. The following table provides information about how many plastic chairs can be produced per hour. Number of WorkersChairs Produced Per Hour00110218324428530For simplicity, assume that labor is the only input. How many workers will be hired if the hourly wage for workers is $50?
A. 5 B. 3 C. 2 D. 1
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A. the discount rate. B. the reserve requirement. C. open market operations. D. the prime rate.