The efficient markets hypothesis suggests that investors
A) should purchase no-load mutual funds which have low management fees.
B) can use the advice of technical analysts to outperform the market.
C) let too many unexploited profit opportunities go by if they adopt a "buy and hold" strategy.
D) act on all "hot tips" they hear.
A
You might also like to view...
The marginal product of labor is defined as
A) the change in total revenue that results when an additional unit of a labor is hired. B) the additional labor required to produce one more unit of output. C) the additional labor cost of producing one more unit of output. D) the change in output that a firm produces as a result of hiring one more worker.
What situation arises when government positions are filled with people who have close ties to the group they are supposed to regulate?
A. Bureaucratic capture B. Collective action C. Governmental lobbying D. Rent-seeking