An Analyst Constructs a Moving Average Line in Order To

question 16

Multiple Choice

An analyst constructs a moving average line in order to:

• A) forecast future cash earnings of a company.
• B) analyse support and resistance lines.
• C) smooth out erratic price movements.
• D) work out the efficiency of the market.

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Definitions:

Direct Tax

A type of tax levied directly on personal or corporate income.

GDP

The entire financial value of all conclusive goods and services brought forth within a nation over an established duration is encapsulated by Gross Domestic Product.

Consumption Sector

The part of the economy that involves the purchase and use of goods and services by households.

Social Security

A government program that provides financial support to people who are retired, disabled, or survivors of deceased workers.