Market Efficiency Implies That Security Prices Impound New Information Quickly

question 6

True/False

Market efficiency implies that security prices impound new information quickly.

---

Definitions:

Transportation and Prosperity

The phenomenon where advancements in transportation infrastructures, such as roads, railways, and ports, significantly contribute to economic growth and the overall prosperity of a region.

Corporations

Entities created by law that have a distinct existence separate from their owners, capable of performing legal actions.

Market Economy

An economic system in which economic decisions and the pricing of goods and services are guided chiefly by the aggregate interactions of a country's citizens and businesses.

Personal Liability

The legal responsibility of an individual to cover the loss or damage incurred by their actions, potentially affecting their personal assets.