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:

Adult Attachment Interview

A structured interview used to assess an individual's patterns of attachment, aiming to reveal how attachment influences their relationships.

Working Model

In Bowlby’s attachment theory, an individual’s mental representation of self, other, and relationships, which serves as a prototype of social functioning and affects the individual’s expectations and behaviors in future relationships. A cognitive schema that begins in infancy and is refined and elaborated over time; a state of mind about attachment-related issues.

Attachment Style

Patterns of expectations, needs, and behaviors in interpersonal relationships that are developed in early childhood and continue into adulthood.

Generativity Tradition

A concept in psychology that refers to the concern for establishing and guiding the next generation, often associated with middle adulthood.