The efficient markets hypothesis predicts that stock prices follow a "random walk." The implication of this hypothesis for investing in stocks is
A) a "churning strategy" of buying and selling often to catch market swings.
B) turning over your stock portfolio each month, selecting stocks by throwing darts at the stock page.
C) a "buy and hold strategy" of holding stocks to avoid brokerage commissions.
D) following the advice of technical analysts.
C
Economics
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A marginal tax rate is calculated as
A) change in taxes paid ÷ the change in total taxable income.
B) change in taxable income ÷ change in taxes paid.
C) taxes paid ÷ total taxable income.
D) total taxable income ÷ by taxes paid.
Economics
Economists prefer to talk about the "quantity demanded" rather than the "quantity needed" or the "quantity wanted" because
What will be an ideal response?
Economics