____ Efficiency States That All Information Contained in Past Price

question 24

Multiple Choice

____ efficiency states that all information contained in past price movements only is fully reflected in the current market prices.

• A) Weak-form
• B) Semistrong-form
• C) Strong-form
• D) Economic

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Definitions:

Moai

Large, blocky figural stone sculptures found on Rapa Nui (Easter Island) in Polynesia.

Rapa Nui

An island in the southeastern Pacific Ocean, known for its monumental statues called moai, created by the early Rapa Nui people.

Abelam Culture

A society located in the East Sepik Province of Papua New Guinea, known for their elaborate yam festivals and impressive ceremonial houses called haus tambarans.

Yam Cultivation

The agricultural practice of growing yams, a type of tuber that is a staple food in many parts of the world, particularly in Africa and the Pacific.