________ has overtaken the United States as the world's largest luxury market; it's forecast that one-third of all high-end goods will be sold there in the coming years

Although the verdict is not yet in, the available evidence indicates that, for many purposes, the efficient market hypothesis is

A) a good starting point for analyzing expectations. B) not a good starting point for analyzing expectations. C) too general to be a useful tool for analyzing expectations. D) none of the above.

What is the actual cash value for a computer with a life expectancy of seven years that was purchased two years ago for $1,800 and would cost $2,300 to replace?

a. $1,800 b. $1,286 c. $1,643 d. $2,300