Which of the Following Is Incorrect

question 33

Multiple Choice

Which of the following is incorrect?

• A)Technical analysis is expected to work if markets are weak-form efficient.
• B)If markets are strong-form efficient then they must also be weak-form efficient.
• C)It is not likely that the market is strong-form efficient.
• D)None of these statements are incorrect.

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Definitions:

Government Purchases

Expenditures by the government on goods and services that are included in the calculation of the country's GDP.

Aggregate Demand

The total demand for all goods and services within an economy at various price levels, in a given period.

Multiplier

In economics, a factor that quantifies the impact of a change in spending on the overall economy, frequently used in the context of fiscal policy.

Consumer Spending

The total expenditures by households on goods and services, excluding new housing, which drives a significant portion of economic activity.