The Bureau of Labor Statistics Defines the Unemployment Rate as the Percentage

question 39

Multiple Choice

The Bureau of Labor Statistics defines the unemployment rate as the percentage of

• A)those unemployed relative to those employed.
• B)the labor force that is unemployed.
• C)the adult population that is unemployed.
• D)the adult population that is unemployed or not in the labor force.

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Definitions:

Efficient Markets Hypothesis

The theory that all available information is already reflected in stock prices, implying that it is impossible to consistently achieve higher returns.

Semistrong-Form

A theory related to the Efficient Market Hypothesis that asserts all public information is already reflected in stock prices, along with historical information.

Weak-Form

In finance, a hypothesis suggesting that past stock prices and volumes are not predictive of future stock prices.

Weak Form

Assumes that all information contained in past price movements is fully reflected in current market prices. Thus, information about recent trends in a stock’s price is of no use in selecting a stock.