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All of the following contribute to photochemical smog except
Insider Trading
The illegal buying or selling of a publicly-traded company's stock by someone who has non-public, material information about that stock.
Material Information
Information that could influence the decision of an investor or affect the value of an investment if disclosed.
Public Announcement
An official statement released to the general public from a company or organization.
Responsibilities
Duties or obligations that an individual or entity is bound to perform or uphold, which may be legal, ethical, or moral in nature.
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