If It Proves Possible to Make Abnormal Profits Based on Information

question 15

Multiple Choice

If it proves possible to make abnormal profits based on information regarding past stock prices,then the market is:

• A) weak-form efficient.
• B) not weak-form efficient.
• C) semi strong-form efficient.
• D) strong-form efficient.

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Definitions:

Time and a Half

A pay rate that is 1.5 times the employee's normal hourly rate, usually paid for overtime work.

OASDI

Stands for Old-Age, Survivors, and Disability Insurance, a comprehensive federal benefits program that provides benefits to retired individuals, the disabled, and survivors of deceased workers.

Double Time

A rate of payment that is twice the regular wages, often paid for working on holidays or outside of normal working hours.

Time and a Half

An overtime pay rate, typically 1.5 times the employee's regular hourly wage, paid for hours worked beyond the standard workweek.