According to the random walk theory
A) today's stock price will be related to yesterday's stock price.
B) successive prices of a stock are independent of each other.
C) stock prices can easily be predicted for as much as 52 weeks into the future.
D) stock prices rise and fall in predictable cycles that correspond with the overall business cycle.
B
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A changes in which of the following shifts the demand curve for hamburgers?
A) an increase in the price of the meat used to produce hamburgers B) an increase in the price of a hamburger C) a fall in the price of french fries, a complement for hamburgers D) an increase in the number of hamburger restaurants
A nonpolicy reason for the reduction in the natural rate of unemployment is the
A. expansionary nature of monetary policy. B. aging of the U.S. labor force. C. decline in interest rates. D. growing federal budget surplus.