The Efficient Markets Hypothesis Is Based on the ________________ Theory

question 11

Multiple Choice

The efficient markets hypothesis is based on the ________________ theory.

• A)rational expectations
• B)adaptive expectations
• C)fundamental value
• D)optimal value theory

---

Definitions:

Cultural Group

A collection of people who share common cultural characteristics, such as language, traditions, and values.

Religions

Organized systems of beliefs, ceremonies, and rules used to worship a god or a group of gods.

Languages

Systems of communication used by a particular country or community, consisting of spoken, written, or signed words and the rules for their use.

Cultural Discontinuity

The disruption or breakdown in the continuity of cultural traditions or heritage.