If It Proves Possible to Make Abnormal Profits Based on Information

question 127

Multiple Choice

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

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

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Definitions:

British Government

The political system in the United Kingdom, consisting of the monarch, the Parliament, and the Prime Minister.

Human Reason

The cognitive faculty of humans that enables them to think, understand, and form judgments by a process of logic.

Religious Enthusiasm

The intense and passionate expression of religious faith and belief, often associated with revival movements and personal spiritual commitment.