Which One of the Following Is Most Indicative of a Totally

question 50

Multiple Choice

Which one of the following is most indicative of a totally efficient stock market?

• A)extraordinary returns earned on a routine basis
• B)positive net present values on stock investments over the long-term
• C)zero net present values for all stock investments
• D)arbitrage opportunities which develop on a routine basis
• E)realizing negative returns on a routine basis

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Definitions:

Constitutional Rights

Rights afforded to individuals under the constitution of a country, guaranteeing the protection of personal freedoms and rights.

Free Speech

Free Speech is the right to express one's opinions and ideas without fear of government censorship or punishment.

Commerce Clause

A provision in the United States Constitution that grants Congress the power to regulate trade between states, with foreign nations, and with Indian tribes.

Due Process Clause

A constitutional provision requiring that government actions against individuals follow fair procedures, including the right to a fair trial.