Suppose that the European Central Bank enacts expansionary policy. Everything else held constant, this will cause the demand for U.S. assets to ________ and the U.S. dollar to ________

Which of the following is a behavior inconsistent with the Efficient Markets Hypothesis?

A) diversification of one's portfolio B) avoiding active trading of stocks C) holding onto a losing stock while being more likely to sell a stock that has increased in value D) the purchase of a stock index fund

The three stages of economic development include

A) the agriculture stage, the manufacturing stage, and the service sector stage. B) the computerized stage, the agriculture stage, and the manufacturing stage. C) the feudal stage, the agriculture stage, and the totalitarian stage. D) the agriculture stage, the manufacturing stage, and the socialist stage.