If market participants rely only past stock prices to forecast future stock prices,
A) they will be better able to forecast future price increases than future price decreases.
B) they will be better able to forecast future price decreases than future price increases.
C) they have adaptive expectations.
D) they have rational expectations.
C
Economics
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Recessions can sometimes last less than a single year
a. True b. False
Economics
The market basket approach:
A. gives us a list of what the typical consumer buys and the average price change of those goods. B. tells us how the prices of all goods and services in an economy change over time. C. gives us a single number that represents how changing prices affect the typical consumer. D. tells us exactly how people change what they buy from year to year.
Economics