Efficient markets theory suggests that purchasing the published reports of financial analysts
A) is likely to increase one's returns by an average of 5 percent.
B) is likely to increase one's returns by an average of about 3 to 5 percent.
C) is not likely to increase financial returns.
D) will increase financial returns in the first year but not in following years.
C
Economics
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The evolution of macroeconomic theory
A) usually precedes and causes major macroeconomic events. B) usually is in reaction to major macroeconomic events. C) is evenly divided between causing and reacting to major macroeconomic events. D) proceeds rather independently of major macroeconomic events.
Economics
When a country imposes a trade restriction, the real exchange rate of that country's currency appreciates
a. True b. False Indicate whether the statement is true or false
Economics