The Efficient Markets Hypothesis Most Clearly Implies That Extra-Market Returns

question 58

Multiple Choice

The efficient markets hypothesis most clearly implies that extra-market returns are:

• A) common in the long run.
• B) rare in the long run.
• C) always attained in the long run.
• D) never attained in the long run.

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Definitions:

Reinforcement

A process in behavior analysis that increases the likelihood of a behavior by adding or removing a stimulus after the behavior.

Positive Reinforcer

A reinforcer that, when applied, increases the frequency of a response.

Scaffold

A temporary structure used to support people and materials during the construction or repair of buildings and other large structures.

Negative Reinforcer

A reinforcer that, when removed, increases the frequency of a response.