Examlex
Which of the following definitions describes HAZUS?
Informationally Efficient
A characteristic of markets where all available information is already reflected in the prices of assets, ensuring that no participant can achieve consistent excess returns.
Fundamental Analysis
A method of evaluating a security by attempting to measure its intrinsic value, involving examination of related economic and financial factors.
Moral Hazard
The situation in which one party is more likely to take risks because another party bears the cost of those risks.
Active Portfolio Managers
Investment professionals who actively make decisions to buy, sell, or hold assets in order to beat the market average or achieve specific investment objectives.
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