Answered: 31) The Pandemic caused a ________…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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31) The Pandemic caused a ________ shift in the Beveridge Curve, with ___________ workers being most effected by the shift. (choose one)

leftward; higher-income

leftward; low-wage

rightward; higher-income

rightward; low-wage

32) which model assumes markets are efficient?

- 2 sided labor search model

- solow exogenous growth model

- romer endogenous growth model

Definition Definition Degree to which financial markets incorporate all available information into the prices of assets. In a more efficient market, the prices reflect the available information more than that in a weak efficient market. It is difficult for investors to outperform the market in a strong efficient market. This is because all the available information is already discounted in the asset's price. However, in a weak-form efficiency, the market does not reflect all information in the asset's price. As a result, it becomes easier to generate better returns in a weak form or an inefficient market.

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