The Efficient Market Hypothesis Implies That Some Stockholders Always Can

question 33

True/False

The efficient market hypothesis implies that some stockholders always can earn excessive returns on the stock market.

---

Definitions:

Classical

Often referring to classical conditioning, a learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus.

Family Resemblance

The concept of how members of a category share certain characteristics, though there may be no single characteristic common to all.

Mental Representation

Internal, mental symbols, concepts or ideas that stand in for objects, actions, or conditions in the external world, facilitating cognitive processes.

Concept

A mental representation of a category.