When Investors Are Not Capable of Making Superior Investment Decisions

question 77

Multiple Choice

When investors are not capable of making superior investment decisions on a consistent basis based on past prices or public or private information,the market is said to be:

• A) weak-form efficient.
• B) semi strong-form efficient.
• C) strong-form efficient.
• D) fundamentally efficient.

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Definitions:

Ovulating

The phase in the female menstrual cycle when an ovary releases an egg, making it available for fertilization.

Abstinence

Refers to the deliberate avoidance of engaging in certain behaviors or indulging in substances, typically alcohol, drugs, or sexual activity.

Diaphragm

A dome-shaped, muscular partition separating the thorax from the abdominal cavity, playing a major role in breathing.

Mechanical Barrier

A physical method of contraception or protection, such as condoms or diaphragms, that prevents sperm from reaching the ovum.