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question 15

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Grasp the role of information dissemination and competition in ensuring market efficiency.
Calculate total returns on investments, incorporating both capital gains/losses and dividend payments.
Recognize the ethical considerations in financial markets, specifically the impact of insider trading on market efficiency.
Understand the concept of net present value (NPV) and its relation to efficient markets.

Definitions:

Peak-Level Bargaining

Collective bargaining that occurs at the top level of negotiations, involving senior representatives from unions and employers or governments.

Union Density Rate

The proportion of workers in a given sector or country who are members of unions, indicating the level of unionization.

Works Council

A works council is an institution representing workers and employees in a company or organization, facilitating dialogue between the workforce and management on issues affecting their interests and working conditions.

German Law

The system of rules that operate in Germany, including a significant body of labor and employment law that governs the relationship between employers and employees.

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