Which One of the Following Statements About El Niño Is

question 41

Multiple Choice

Which one of the following statements about El Niño is false?

• A)Occurrence of El Niño is irregular and unpredictable.
• B)The immediate effect of El Niño is a weakening in the east-to-west trade winds.
• C)Weakening in the trade winds results in more upwelling along the Peru-Ecuador coast.
• D)El Niño results in the movement of weather systems from the western Pacific eastwarD.
• E)El Niño events in the Pacific can influence weather as far away as Africa.

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Definitions:

Positive-earnings Surprises

Situations where the reported earnings of a company exceed the expected earnings, often leading to a positive reaction in the stock market.

Overly Optimistic

This term refers to an excessive belief in the favorable outcomes of events or conditions, often disregarding the likelihood of negative outcomes.

Technical Analyst

A professional who evaluates securities or market trends based on historical price and volume data to predict future movements.

Passive Approach

An investment strategy that aims to replicate the performance of a market index or benchmark, minimizing buying and selling actions to reduce costs.