The performance of index funds
a. usually falls short of the performance of actively-managed funds.
b. provides evidence in support of the notion that stock prices do not depend upon supply and demand.
c. provides evidence in support of the efficient markets hypothesis.
d. provides evidence in support of the notion that stock-market participants are irrational.
c
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A key reason why some countries are growing very slowly is
A) they lack economic freedom. B) there is too much competition within their economies. C) they lack a democratic government. D) they are too poor, so there is no saving. E) their inflation rate is too high.
In principle, how do we determine a perfectly competitive firm's profit-maximizing output and maximum profits given information about the market clearing price, and about the marginal cost and average total cost curves of the firm? Explain in words
What will be an ideal response?