Examlex
What are the different elements that must be considered to make a training design effective?
Efficient Market
A market in which all available information is fully and immediately reflected in asset prices, thus making it impossible to consistently achieve higher returns on investment than average market returns on a risk-adjusted basis.
Profit Opportunities
Situations where businesses can generate higher returns on investment than the market average.
Efficient Economy
An economy where resources are allocated in the most efficient way possible, maximizing the production of goods and services without wasting resources.
Economic Output
The total value of all goods and services produced within an economy over a specific time period.
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