The multiple changes in income and output that results from a change in autonomous expenditure is called the multiplier

During recent Global Economic Crises, consumers' wealth in the U.S. declined as a result of all of the following EXCEPT

A) the stock market crash. B) pricking of the housing bubble. C) increased household borrowing. D) aggressive fiscal policy.

In the context of the evaluation of the efficient markets hypothesis, pricing anomalies refer to

A) the existence of trading strategies that appear to have offered above-normal returns. B) the gap between actual and expected prices. C) the spread between the price at which a broker will purchase stock from an investor and the price at which the broker will sell stock to an investor. D) the difficulty in practice of computing stock prices on the basis of expectations of future dividends.