What do most economists believe about the future of business cycles?
(A) Business cycles will grow more extreme, with higher peaks and deeper troughs.
(B) Economists have made no predictions about future business cycles.
(C) Advances in technology have brought business cycles to an end.
(D) Business cycles will continue to drive our economy.
Ans: (D) Business cycles will continue to drive our economy.
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Are money and income the same thing?
a. No, money is measured at a point in time and income is measured for a period of time. b. No, money is measured for a period of time and income is measured at a point in time. c. Yes, they are just measured in different ways. d. Yes, the only difference is real versus nominal.
If you believe the stock market is informationally efficient, then it is a waste of time to engage in fundamental analysis
a. True b. False Indicate whether the statement is true or false