An Argument That Has Been Advanced to Explain High Teenage

question 238

Multiple Choice

An argument that has been advanced to explain high teenage unemployment is

• A)lack of job experience.
• B)limited education.
• C)a minimum-wage requirement higher than their marginal revenue products.
• D)all of the above.

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Definitions:

Weak-Form Efficient

A form of market efficiency where all past trading information is already reflected in stock prices, implying that technical analysis cannot consistently produce excess returns.

Capital Market Efficiency

Capital Market Efficiency is a theory that suggests markets are efficient in processing information, and thus, security prices at any time fully reflect all available information.

Competition

The rivalry among businesses or within markets for customers, which can influence prices, product quality, and innovations.

Market Participants

Entities or individuals involved in trading or investing in financial markets, including buyers, sellers, and intermediaries.