The Efficient Markets Hypothesis States

question 70

Multiple Choice

The Efficient Markets Hypothesis states

• A)markets tend to evolve to low transactions costs and speedy execution of orders.
• B)current asset prices (e.g. exchange rates) fully reflect all the available and relevant information.
• C)current exchange rates cannot be explained by such fundamental forces as money supplies, inflation rates and so forth.
• D)none of the above

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Definitions:

Carpal Bones

The eight small bones that make up the wrist, allowing for a wide range of movement.

Opponens Pollicis

A muscle in the hand that allows the thumb to touch the tips of the other fingers, a key movement for grasping objects.

Opposition

A movement in which the thumb and fingers are brought together, allowing for the manipulation of objects.

Thumb

The first digit of the hand, notable for its opposability, enabling grasping and manipulating objects.