Another Way to State the Efficient Markets Condition Is: in an Efficient

question 18

Multiple Choice

Another way to state the efficient markets condition is: in an efficient market, ________.

• A) unexploited profit opportunities will be quickly eliminated
• B) unexploited profit opportunities will never exist
• C) unexploited profit opportunities never existed
• D) every financial market participant must be well informed about securities

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Definitions:

Implicit Leadership Theories

Are preconceived notions about the attributes associated with leaders that reflect the structure and content of “cognitive categories” used to distinguish leaders from nonleaders.

Attributes

Qualities or features regarded as a characteristic or inherent part of someone or something.

Granting

The act of giving or assigning something, such as rights, privileges, or resources, usually from a position of authority.

Identity

The qualities, beliefs, personality, looks, and expressions that make a person or group distinctive.