Given Efficient Markets,the Disclosure of Favourable New Information About a Firm

question 2

Multiple Choice

Given efficient markets,the disclosure of favourable new information about a firm would be evidenced by:

• A) A share price decrease
• B) No change in the share price
• C) A share price increase
• D) None of the given options are correct.

Understand the significance of balancing the budget over the business cycle.

Assess the implications of the crowding-out effect on economic activity.

Grasp the concept of inflationary and recessionary gaps and how fiscal policy can adjust them.

Understand the various components and purposes of financial and operating budgets.