Examlex
Along the long-run Phillips curve
Fixed Price
A set price that does not change over time or with quantity purchased.
Efficient Market Hypothesis
The assertion that information travels around the U.S. financial system so fast that stock prices virtually always reflect all available information. The concept implies that technical analysis is useless.
Stock Prices
The cost of purchasing a share of a company at any given time, reflecting the market's valuation of the company.
Publicly Available Information
Information that is not restricted and can be accessed by the general public, often used in the context of financial markets.
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