Professional securities analysts achieve high rate of investment success following a random walk strategy.
Answer the following statement true (T) or false (F)
False
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Illegal immigrants make up about what percent of all agricultural workers in the U.S.?
A. 10% B. 5% C. 40% D. 25%
Suppose MPL = 40 and MPK = 20 and the rental rate on capital is $10 . If the level of production is currently efficient, the wage rate must be
a. $10 b. $5 c. $20 d. $40
If the quantity demanded of a product rose from 900 to 1,200 when the price of the product fell from $11 to $9, the price elasticity of demand coefficient is equal to
a. -0.20. b. -0.70. c. -1.00. d. -1.42.
Historically, government bonds have averaged a real return of about ________ percent, while a broad index of stocks generates a ________ percent return over the same period.
A. 7; 2 B. 2; 7 C. 12; 7 D. 7; 12