LUCA Is

question 38

Multiple Choice

LUCA is

• A) the last universal common ancestor.
• B) the individual ancestor of each of the three domains.
• C) actually somewhat of a misnomer because it is now believed that each of the domains arose independently.
• D) All of the answers are correct.

Identify and explain various anomalies and effects that challenge the EMH, such as the January effect, momentum effect, and liquidity effect.

Explain the principles and strategies of passive vs. active investment management, including portfolio diversification and the role of portfolio managers.

Understand the significance of value and growth stocks, including their characteristics and how they may affect investor returns.

Define and explain the concept of market efficiency debates and the evidence supporting or refuting market efficiency.

---

Definitions:

Prior Experience

Previous knowledge or involvement in specific areas or activities before engaging in a current situation or taking on new responsibilities.

Egalitarian Societies

Societies characterized by the belief in equality, where individuals have equal rights and opportunities without discrimination based on social class, gender, or other distinctions.

Domestic Labor

Work performed within the household, such as cleaning, cooking, and childcare, often unpaid and undervalued.

Access To Education

The degree to which individuals have the opportunity to receive various levels of education, often regarded as a crucial factor in determining life outcomes.