Reference no: EM131391835
1. The word “efficient” in the term “efficient markets hypothesis” refers to the idea that
a. fundamental analysis is an efficient way to go about choosing which stocks to buy or sell.
b. stock prices move upward and downward “efficiently,” rather than following a “random walk.”
c. the stock market is “informationally efficient.”
d. All of the above are correct.
2. In 2009 and 2010, the federal government’s budget deficit was about
a. 10 percent of GDP, and this was the highest debt-GDP ratio in U.S history.
b. 5 percent of GDP, and this was the highest debt-GDP ratio since World War II.
c. 10 percent of GDP, and this was the highest debt-GDP ratio since World War II.
d. 5 percent of GDP, and this was the highest debt-GDP ratio in U.S history
|
Spread throughout your organization as rapidly as possible
: Imagine that you have critical information which must be spread throughout your organization as rapidly as possible, by word of mouth. If you have to choose exactly one of the following criteria in deciding whom to tell first, which would best furthe..
|
|
Improvement in the air quality if the market
: Assume reductions in the amount of ground level ozone shift the marginal cost of producing alfalfa from MC1 = 45 + 2Qs to MC2 = 45 + 0.5Qs. Use the producer surplus to estimate the maximum amount alfalfa producers would be willing to pay for this imp..
|
|
Differences in job continuity and rational decisions
: “Wage differences between Men and Women do not reflect discrimination but rather differences in job continuity and rational decisions with respect to education and on-the-job training.” Discuss. What are the causes of the decline in Unionism in the U..
|
|
Example what is meant by the screening hypothesis
: Briefly explain with the help on an example what is meant by the Screening Hypothesis. Using examples, briefly describe the various types of discrimination present in an economy?
|
|
Efficient in the term efficient markets hypothesis
: The word “efficient” in the term “efficient markets hypothesis” refers to the idea that. In 2009 and 2010, the federal government’s budget deficit was about.
|
|
Lucrative line of work selling homemade pharmaceuticals
: Walter has reached a crossroads in his life. He is trying to decide whether to change careers. Currently Walter teaches chemistry but is considering entering a more lucrative line of work selling homemade pharmaceuticals. Walter’s opportunity cost of..
|
|
What is meant by the term skill differential
: What is meant by the term skill differential? Does it lead to a reversal of compensating wage differentials? What is Statistical Discrimination? Explain how it can benefit some employees.
|
|
What is frictional unemployment
: In a perfectly competitive labor market, what will be the impact of an increase in labor productivity on equilibrium wages and employment? Diagram needed. What is frictional unemployment? How is it different from Disguised unemployment?
|
|
What store of value should a high-income worker choose
: Consider an economy in which there are 100 workers. One-half of the workers are endowed with 200 units of the consumption good when young and nothing when old. The remaining workers are endowed with 20 units of the consumption good when young and not..
|