When reselling a product is easy, ______.

Refer to Figure 16-12. An increase in government purchases of $200 billion causes aggregate demand to shift ultimately from AD1 to AD2

Assuming a constant price level, the difference in real GDP between point A and point B will be ________ $200 billion. A) less than B) greater than C) equal to D) There is insufficient information given here to draw a conclusion.

Which type of analyst should generally outperform market index according to the Efficient Markets Hypothesis?

A) technical analysts B) fundamental analysts C) those that follow the random walk D) none of the above