The theory of efficient markets suggests that the steep decline the value of stocks traded on the NASDAQ was due to
a. a speculative bubble.
b. a response to new information about firms' expected future profitability..
c. a natural cycle in technology stock prices evidenced by charts of previous prices trends.
d. moral hazard.
b. a response to new information about firms' expected future profitability..
Economics
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Refer to the scenario above. What is Sarah's opportunity cost of producing one greeting card?
A) 0.33 earrings B) 0.5 earrings C) 1 earring D) 3 earrings
Economics
An example of an investment is
A. a restaurant placing otherwise idle money in an interest-bearing savings account. B. a sock company repurchasing its own shares. C. a delivery company adding more vehicles its fleet. D. a pencil factory that can produce consumer and business goods.
Economics