In an Efficient Market,the Price of a Security Will

question 39

Multiple Choice

In an efficient market,the price of a security will

• A)react immediately to new information with no further price adjustments related to that information.
• B)react to new information over a 2-day period after which time no further price adjustments related to that information will occur.
• C)rise sharply when new information is first released and then decline to a new stable level by the following day.
• D)always rise immediately upon the release of new information with no further price adjustments related to that information.
• E)be slow to react for the first few hours after new information is released allowing time for that information to be reviewed and analyzed.

---

Definitions:

Therapeutic Relationship

The professional and collaborative relationship between a therapist and client, which is crucial for effective therapy.

Research Design

A detailed plan or strategy outlining how a study is to be conducted, including methodologies for collecting and analyzing data.

Unconditioned Stimulus

In classical conditioning, a stimulus that naturally and automatically triggers a response without any need for learning.

Little Albert

A landmark experiment in the history of psychology where a young child was conditioned to fear a white rat, demonstrating the process of classical conditioning.