Birds' Migration and Salmon's Spawning Are Not Considered Learned Behaviours

question 138

Multiple Choice

Birds' migration and salmon's spawning are not considered learned behaviours, because they

• A) are not relatively permanent.
• B) do not result from experience.
• C) have not been reinforced.
• D) are not always overt.

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Definitions:

Semistrong Efficient

A form of market efficiency that states all public information is already calculated into stock prices, and thus, no one can achieve higher returns by trading on that information.

Expected Returns

The anticipated return on an investment, taking into account all known risks and rewards associated with it.

Equilibrium

A condition or state in which economic forces are balanced, such as when supply equals demand in a market.

Expected Total Return

The anticipated return on an investment over a given period, including both capital gains and income from dividends or interest.