When a Market Is Externally Efficient,it Means That

question 8

Multiple Choice

When a market is externally efficient,it means that

• A) Timely and accurate information is available
• B) The market is liquid
• C) Transaction costs are low
• D) Prices adjust rapidly to new information
• E) The number of buyers and sellers are the same

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Definitions:

Egalitarian Views

The belief in the equality of all people, especially in political, social, or economic life.

Labor Force Participation

The percentage of the working-age population that is engaged in the workforce, either by working or actively seeking employment.

Eating Disorders

Mental health disorders characterized by unhealthy eating habits, which can include excessive or insufficient food intake, often driven by concerns about body weight or shape.

Excessive Dieting

An unhealthy pattern of eating behavior that significantly restricts calorie intake to the detriment of physical and psychological health.