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List the Three Forms of Market Efficiency and Explain the Bases

question 10

Essay

List the three forms of market efficiency and explain the bases for them.


Definitions:

Patriotic Act

Likely refers to the USA PATRIOT Act, a significant legislative act passed in 2001 aimed at enhancing domestic security through expanded surveillance and investigative powers to prevent terrorism.

Rebellion

An act of violent or open resistance to an established government or ruler.

Housing Act

Refers to laws and legislation meant to regulate housing standards, construction, and affordability, often aiming to improve living conditions or provide housing assistance to those in need.

Income Ceiling

A maximum limit imposed on the amount of income that an individual or family can earn within a specified period, used in certain policies to determine eligibility for social benefits.

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