Proponents of the EMH Think Technical Analysts ________

question 78

Multiple Choice

Proponents of the EMH think technical analysts ________.

• A) should focus on relative strength
• B) should focus on resistance levels
• C) should focus on support levels
• D) are wasting their time

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Definitions:

Money Supply

The total amount of monetary assets available in an economy at a specific time, which includes cash, coins, and balances held in checking and savings accounts.

Price Level

An index that measures the average of current prices across the entire spectrum of goods and services produced in the economy relative to a base year.

Equilibrium Interest Rate

The interest rate at which the quantity of money demanded equals the quantity of money supplied, balancing savings and investments.

Equilibrium Interest Rate

The interest rate at which the quantity of funds demanded equals the quantity of funds supplied.