1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ANTONII [103]
3 years ago
5

J. M. Keyes put all his money in one stock, and the stock doubled in value in a matter of months. He did this three times in a r

ow with three different stocks. J. M. got his picture on the front page of the Wall Street Journal. However, the paper never mentioned the thousands of investors who made similar bets on other stocks and lost most of their money. This is an example of the ________ problem in deciding how efficient the markets are.
Business
1 answer:
adell [148]3 years ago
5 0

Answer:

Lucky event

Explanation:

In the investments market a true measure of market efficiency is to get a track record of positive outcome from investors over time.

The lucky event problem occurs when an investor makes a profit on investment not because of how efficient a market is or by a logical procedure, but rather by chance.

In the given scenario Keyes put all his money in one stock that doubled in 3 months.

However this was not replicated among other investors who made similar vets on other stocks and lost.

This is an exams of lucky event problem in determining market efficiency.

You might be interested in
In late​ 2018, malnutrition was widespread in Venezuela. Writing in an opinion column in the New York Times​, Javier Corrales​ a
suter [353]

Answer: B. No. Imposing a price control below the equilibrium price in a market causes the quantity of the good available to consumers to fall because sellers will supply a smaller​ quantity, thereby causing some consumers to go without food that they would have been able to buy in the absence of the price control.

Explanation:

If price controls are introduced below the equilibrium price in the market, farmers or sellers will supply less to the market because they will not be incentivized to produce more seeing as they are not making what they should be making.

This, coupled with increased demand on account of food being cheaper, will lead to shortages which would mean that those that could have been able to afford the food at the equilibrium price would not be able to access food leading to even worse food shortages.

8 0
3 years ago
The concept that consists of the distinct phases that a family progresses through from formation to retirement, each phase bring
suter [353]

Answer:

The correct answer is: family life cycle.

Explanation:

The family life cycle refers to the natural stages families go through over time. There is no set path these stages follow but the most common steps in the life cycle of a family are <em>leaving home -single young adults, joining families through partnership, families with young children, families with adolescents, launching children and moving on, </em>and <em>families in later life</em>.

5 0
3 years ago
Which of the following would be a helpful tool to help nations, communities, and families compensate for scarcity while trying t
Kryger [21]
<span>A budget allows nations, communities, and families to ensure they have what they need while accounting for scarcity. A budget allows one to take scarcity into account and to prioritize what is wanted and needed, and to allocate money or resources in a way that reflects these priorities.</span>
3 0
3 years ago
Which of the following is considered the heartbeat of an organization?
Alexxandr [17]
Management would be the correct answer
8 0
3 years ago
Crowe company began operations on january 1, year 1. The company was organized as a sole proprietorship. During year 1, crowe ac
just olya [345]
Stuck on the same question please tell me when you find the answer!
5 0
2 years ago
Other questions:
  • 5. A business in its first period of trading charges $4,000 of sales tax on its sales and suffers $3,500 of sales tax on its pur
    8·1 answer
  • On December 31, 2018, Interlink Communications issued 6% stated rate bonds with a face amount of $107 million. The bonds mature
    10·1 answer
  • Rockland Corporation earned net income of $300,000 in 2014 and had 100,000 shares of common stock outstanding throughout the yea
    9·1 answer
  • Patterson Brothers recently reported an EBITDA of $16.5 million and net income of $2.6 million. It had $2.0 million of interest
    14·1 answer
  • Grading at a site refers to
    15·1 answer
  • ast Co. produces its product through two processing departments. Direct materials are added at the start of production in the Cu
    14·1 answer
  • You are the Accounting Director for SpaceX based in New York. Your department is implementing new accounting software (called Fi
    15·1 answer
  • Baxter Co. wants to issue new 20-year bonds for some much-needed expansion projects. The company currently has 5.6 percent coupo
    15·1 answer
  • What is a public good?
    8·1 answer
  • The manufacturing overhead account is debited when ______.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!