The English Philosophers Jeremy Bentham and John Stuart Mill Founded

question 332

Multiple Choice

The English philosophers Jeremy Bentham and John Stuart Mill founded the school of thought called

• A)liberalism.
• B)libertarianism.
• C)mobilism.
• D)utilitarianism.

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Definitions:

New Information

New information refers to previously unknown data or knowledge that becomes available, influencing decisions, behaviors, or outcomes in various contexts like markets, research, or daily activities.

Treasury Bills

Short-term government securities with maturities ranging from a few days to 52 weeks, issued at a discount to face value.

Inflation

A measure of the rate at which the general level of prices for goods and services is rising, eroding purchasing power.

Efficient Capital Market

A market where all relevant information is fully and immediately reflected in securities prices, ensuring that securities are always fairly priced.