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Discuss the Obstacles Faced by Third-Party and Independent Candidates in the American

question 40

Essay

Discuss the obstacles faced by third-party and independent candidates in the American two-party system as well as their successes in impacting American elections.


Definitions:

Semistrong-Form Market Efficiency

A form of market efficiency that posits all public information is already reflected in stock prices, alongside historical data.

Weak-Form Market Efficiency

A form of market efficiency where all past trading information is already reflected in stock prices, assuming that investors cannot earn excess returns by analyzing historical price trends.

Strong-Form Market Efficiency

Describes a market where all information, public and private, is reflected in stock prices, and nobody can achieve superior gains.

Market Value

The current quoted price at which an asset or a service can be bought or sold.

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