If the Weak Form of Market Efficiency Holds Then

question 37

Multiple Choice

If the weak form of market efficiency holds then:

• A)fundamental analysis is useless.
• B)stock prices reflect insider trading.
• C)stock price changes follow a random walk.
• D)all of the above.

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Definitions:

Actions

The fact or process of doing something, typically to achieve an aim.

Developmental Theory

A framework for understanding how and why people change over the course of life, particularly from infancy through adulthood.

Social Time Clock

refers to societal expectations or norms regarding the timing of life events and milestones, such as education, marriage, and retirement.

Conflict Theory

A sociological perspective that sees social life as a competition, and focuses on the distribution of resources, power, and inequality.