The _____ Is the Idea That the Market Is Collectively

question 27

Multiple Choice

The _____ is the idea that the market is collectively smarter than an individual.

• A) dartboard theory of investing
• B) rational expectations theory
• C) greater fool theory
• D) wisdom of the crowd

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Definitions:

Consumer Goods

Items and products purchased by individuals or households for personal use.

Banana Time

A term from industrial sociology referring to informal break times and rituals that employees use to form social bonds and break the monotony of repetitive tasks.

Work Environment

The setting, conditions, and culture that employees experience within their workplace.

Knowledge Workers

Individuals whose main capital is knowledge, typically characterized by a high degree of expertise, creativity, and problem-solving capability.