According to the Elliot Wave Theory, how many types of waves exist?

A) Two
B) Three
C) Four
D) Five

Wrong answers include: B) Three, C) Four, and D) Five.

The correct answer is A) Two, impulsive and corrective.

If inflation in an economy is falling, it means the central bank?

A) Will cut rates
B) Will hike rates
C) Will keep rates steady
D) None of the above

Wrong answers include: B) Will hike rates, C) Will keep rates steady, and D) None of the above.

The correct answer is A) Will cut rates.

The head and shoulders pattern has?

A) Two shoulders
B) A neckline
C) A measured move
D) All of the above

Wrong answers include: A) Two shoulders, B) A neckline, and C) A measured move.

The correct answer is D) All of the above.

The trend lines in a wedge are?

A) Parallel
B) Contracting
C) Expanding
D) Irrelevant

Wrong answers include: A) Parallel, B) Expanding, and D) Irrelevant.

The correct answer is B) Contracting.