In Finance, an Efficient Market Is One in Which

question 24

Multiple Choice

In finance, an efficient market is one in which:

• A) prices are assumed to be correct.
• B) prices adjust quickly and accurately to new information.
• C) prices are the best allocators of capital in the macro economy.
• D) all of the above

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Definitions:

Nonprofit Trade Association

A nonprofit trade association is an organization founded and funded by businesses that operate in a specific industry, focused on furthering their collective interests.

Software Piracy

The illegal copying, distribution, or use of software without the authorization from the copyright holder.

Word Processing

The creation, editing, formatting, and printing of text documents using computer software.

Manipulate

To handle, control, or influence something or someone skillfully, often in an unfair or deceitful manner.