If Prices in a Particular Market Fully Reflect All Public

question 25

Multiple Choice

If prices in a particular market fully reflect all public and private knowledge, the market is efficient in the:

• A) weak form
• B) semi-strong form
• C) strong form
• D) both a and b

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Definitions:

Fluid intelligence

The ability to reason and solve new problems independently of previously acquired knowledge.

Cognitive change

Refers to the alteration in cognitive functions, which may include memory, problem-solving, and decision-making abilities, over time.

Processing speed

The rate at which an individual can complete cognitive tasks or absorb and react to incoming information.

Social relationships

Bonds or connections between individuals in a society, characterized by varying degrees of intimacy, mutual assistance, and obligations.