A Resistance Level Differs from a Support Level in That

question 71

Multiple Choice

A resistance level differs from a support level in that

• A) at a resistance level most investors would hold stock until the price improves; at a support level a stock becomes overvalued and investor interest is likely to decrease.
• B) at a resistance level the analyst would expect a substantial increase in the demand for a stock; at a support level the analyst would expect a substantial decrease in the demand for a stock.
• C) at a resistance level most investors would sell a stock; at a support level most investors would be willing to purchase a stock.
• D) Choices a and
• E) None of the above.

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Definitions:

Income Redistribution

The transfer of income from some individuals to others by means of a social mechanism such as taxation, charity, welfare, public services, land reform, or monetary policies.

Black Americans

Individuals in the United States who have African ancestry; commonly referred to as African Americans.

Poor

This term refers to individuals or groups who lack sufficient financial resources to meet a basic standard of living.

Employment Discrimination

Unfair treatment or prejudice against employees or job applicants based on race, color, religion, sex, national origin, age, disability, or genetic information instead of job performance or qualifications.