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denis23 [38]
3 years ago
12

Joe bought a stock at $57 per share. The price promptly fell to $55. Joe held on to the stock until it again reached $57, and th

en he sold it once he had eliminated his loss. If other investors do the same to establish a trading pattern, this would contradict ________.
Business
1 answer:
Y_Kistochka [10]3 years ago
4 0

Answer: Weak form EMH

Explanation:

Weak form efficiency is also called the random walk theory states that past volume, price movements and earnings do not affect the price of a stock and can not be used to forecast its future direction. Weak form efficiency states that prices of future securities are random and not determined by past events and that there is no relationship between past information and current market prices.

The principle of weak form efficiency has been contradicted because other investors are making use of Joe's past information to create a trading pattern.

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If you returned a $5 federal reserve note to the fed, you could receive:
QveST [7]
If you returned a $5 federal reserve note to the fed, you could receive five 1$ bills, t<span>he FED or the Federal Reserve system is the central bank of the United States. Congress created the Federal Reserve through a law enacted in 1913, giving it the responsibility of promoting a solid banking system and a thriving economy.</span>
7 0
3 years ago
A worker would be hurt least by inflation when the rev: 05_02_2017_QC_CS-84894 Multiple Choice worker anticipates inflation and
Hatshy [7]

Answer:

worker is protected by a cost-of-living adjustment clause in an employment contract

Explanation:

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All other options are wrong as it is not fit to the current situation

hence, the correct option is B.

3 0
3 years ago
Which economic policy was most successful during the Great Depression?
pychu [463]
The economic policy that was most successful during the Great Depression is (D) increased government spending. It is a common view among economists that government spending on the war at least accelerated from the recovery of the Great Depression. Well, as always, other think that it didn't play a vital role in recovery.
7 0
3 years ago
Lopez Corporation incurred the following costs while manufacturing its product.
aev [14]

Answer:

a. $352,200

b. $372,100

Explanation:

The cost of goods manufactured

<em>Consider only the manufacturing costs</em>

Cost of goods manufactured = $122,200 + $69,200 + $17,600 + $113,100 + $34,000 + $13,300 - $17,200

                                                =$352,200

Cost of goods sold

<em>Add Cost of goods manufactured to the net of Finished inventory balance</em>

Cost of goods sold = $47,900 $68,800 + $352,200 - $47,900

                                = $372,100

6 0
3 years ago
The balanced budget multiplier applies when a $50 billion increase in government expenditure is financed by a $50 billion ______
AlexFokin [52]

Answer:

Increase; a positive

Explanation:

An aggregate demand in economics terms is an economic measurement of the total amount of demand for all finished goods and services produced in an economy.

Aggregate demand is expressed as the total amount of money exchanged for those goods and service at a specific price level and point in time.

5 0
3 years ago
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