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:

North America

A continent in the Northern Hemisphere, bounded by the Atlantic, Pacific, and Arctic oceans, including countries such as the USA and Canada.

Pennsylvania's Residents

Pennsylvania's residents refer to individuals living in the state of Pennsylvania, contributing to its diverse culture and economy.

Pacifism

Belief or doctrine that opposes war or violence as a means of settling disputes and advocates for peaceful resolutions.

James II

King of England, Scotland (as James VII), and Ireland from 1685 until he was deposed in the Glorious Revolution of 1688, known for his attempts to restore Roman Catholicism in England.