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What Are Fama's Three Levels of Market Efficiency

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What are Fama's three levels of market efficiency?


Definitions:

Antianxiety Drugs

Drugs used to treat and calm anxiety reactions, typically minor tranquilizers.

Benzodiazepines

Drugs that lower anxiety and reduce stress.

Minor Tranquilizers

Medications often prescribed to reduce anxiety and induce calmness without inducing sleep.

Biomedical Therapies

Therapies that directly affect the biological functioning of the body and brain; therapies for mental disorders in which a person with a problem is treated with biological or medical methods to relieve symptoms.

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