John Stossel's Dart-Throwing Experiment Showed That

question 265

Multiple Choice

John Stossel's dart-throwing experiment showed that:

• A) picking stocks at random can outperform the stock picks of major Wall Street experts.
• B) Wall Street experts have inside information, which makes beating their stock picks difficult.
• C) companies with longer names are likely to outperform market averages.
• D) economic theory regarding the stock market is flawed.

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Definitions:

Discouraged Workers

Individuals who are not actively seeking work because they believe no jobs are available for them or there are no jobs for which they would qualify.

United States

A country in North America consisting of 50 states, characterized by a diverse geography, culture, and economy.

Structural Unemployment

Structural unemployment occurs when there is a mismatch between the skills workers possess and the skills needed by employers, often due to technological changes or shifts in the economy.

Marketable Skills

Abilities or proficiencies that are in demand by employers and can be utilized for economic gain.