In Order to Test the Strong Form of Market Efficiency

question 34

Multiple Choice

In order to test the strong form of market efficiency, researchers have examined the

• A)recommendations of professional security analysts.
• B)recommendations of professional security analysts and performance of mutual funds.
• C)recommendations of professional security analysts, performance of mutual funds, and performance of pension funds.
• D)performance of mutual funds and performance of pension funds.

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Definitions:

Subconscious

Part of the mind that operates below the level of conscious awareness, influencing thoughts, feelings, and behaviors without one's direct knowledge.

Unconscious Mind

A part of the mind that is inaccessible to the conscious mind but that affects behavior and emotions.

Displacement

In Freudian psychology, the unconscious shifting of an impulse or emotion from its original object to another object.

Projection

A defense mechanism where an individual attributes their own unacceptable thoughts, feelings, or motives to someone else.