Which of the following will not cause the aggregate supply curve to fall?
a. A decrease in the nation's average price level (i.e., the implicit price index).
b. An increase in input prices.
c. A decrease in the value of the domestic currency.
d. Natural disasters.
e. None of these answers is correct.
.A
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Suppose that research shows that by buying stocks issued by companies whose names begin with the letter G investors can earn above-normal returns in even-numbered years. From the perspective of the efficient markets hypothesis,
A) this is further evidence that the hypothesis is correct. B) this would be considered a pricing anomaly. C) investors must have insider information on these companies. D) purchasers of these stocks must have been noise traders.
When government expenditures exceed government revenues a budget surplus will exist
Indicate whether the statement is true or false