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.
Answer:
B. an unfavorable balance of trade and payments
Explanation:
- The BOP or the balance of trade is defined as the net gains or net exports that make the balance of payments and is said to be favorable when the country export more and imports less and is a positive change.
- It is said to be negative when the country imports more and exports less thus unfavorable in terms of the trade and payments.
- <u>Hence it means that the country has a deficit and this can impact the services and is not good for the economic growth perspective.</u>
Answer:
True .....this is because the entrepreneur is the risk bearer of the business...he is liable for any profit/loss.
Answer:
Brendan is using people-oriented leadership style
Explanation:
Brendan's People-oriented leadership behavior is more likely to have more positive effects in running the affairs of the chocolate factory rather than using automatic feedback system.
Answer: $7,000
Explanation:
The book value of the pump is the same as the value stated by the accountants.
The accountants are skilled in the field and most probably used accounting assessment techniques which were based on certain assumptions by accounting bodies so their valuation of the pump is to be considered the book value.
