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44. Suppose that inflation goes down from 4 percent to 2 percent. Which of the following statements is accurate? (A) 'Prices have come down.' (B)
44. Suppose that inflation goes down from 4 percent to 2 percent. Which of the following statements is accurate? (A) 'Prices have come down.' (B) 'The money supply has increased.' (C) 'Prices aren't rising as quickly." (D) "The GDP deflator has fallen.' 45. Which of the following theories suggests that it is NOT possible to consistently beat the stock market? (A) Value investing. (B) Growth investing. (C) Momentum trading. (D) Efficient Market Hypothesis. 46. What is an Initial Public Offering? (A) When the central bank engages in open market operations. (B) When a company first issues and sells shares on a public exchange. (C) When a public corporation buys back shares through asset purchases (LAPs). (D) When a cryptocurrency developer first offers its coins publicly for purchase. 47. Which of the following pairs of goods are most likely to be complements? (A) Knives and guns. (B) Cigars and cigarettes. (C) Guns and bullets. (D) Cellphones and landline telephones
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