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Program Trading Decreases Market Efficiency by Exaggerating Price Discrepancies Between

question 47

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Program trading decreases market efficiency by exaggerating price discrepancies between the cash and futures markets.


Definitions:

Visual Communication

The conveyance of ideas and information in forms that can be seen, utilizing symbols, signs, art, and typography.

Associative Learning

The process by which an individual learns to connect a certain stimulus with a particular response.

Tactile Communication

A form of non-verbal communication involving touch to convey messages or emotions.

Visual Communication

The conveyance of ideas and information in forms that can be seen, such as in signs, typography, drawing, graphic design, illustration, color, and electronic resources.

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