The Statement That There Are No Free Lunches on Wall

question 95

Multiple Choice

The statement that there are no free lunches on Wall Street suggests that:

• A) the market is strong-form efficient.
• B) there is no return to technical or fundamental analysis.
• C) security prices reflect all available information.
• D) food purveyors are capitalists.

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Definitions:

Social Competence

The collection of social, emotional, cognitive, and behavioral skills that enable individuals to effectively navigate social interactions and relationships.

Achievement Motivation

The drive or urge to accomplish goals or meet high standards of performance.

Postconventional Level

According to Kohlberg, a period during which moral judgments are derived from moral principles and people look to themselves to set moral standards.

Moral Judgements

Evaluations or decisions made by individuals regarding what is right or wrong in human behavior and actions, based on ethical principles.