According to the Text Discussion of Efficient Capital Markets, Which

question 3

Multiple Choice

According to the text discussion of efficient capital markets, which of the following would a well-trained economist recognize as logical and expected?

• A)Monkeys throwing darts at a financial page can hit stocks that perform as well as stocks picked by financial experts
• B)The best managed companies usually earn higher returns than companies rated lower on the list of well managed companies
• C)Experienced investors pay handsome sums to get investment advice from expert advisors
• D)Only expert investors should invest in the stock market

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Definitions:

Histrionic Personality Disorder

A mental disorder characterized by a pattern of excessive attention-seeking and emotionality.

Antisocial Personality Disorder

A mental disorder marked by an ongoing indifference to ethical standards and a lack of consideration for the rights and emotions of other people.

Narcissistic Personality Disorder

A mental condition characterized by a long-term pattern of exaggerated self-importance, the need for excessive attention and admiration, and a lack of empathy for others.

Narcissistic Personality Disorder

A mental condition in which people have an inflated sense of their own importance, a deep need for excessive attention and admiration, coupled with a lack of empathy for others.