If Markets Are Efficient, Asset Allocation Is __________ Important and Security

question 46

Multiple Choice

If markets are efficient, asset allocation is __________ important and security selection is __________ important.

• A) more; more
• B) more; less
• C) less; less
• D) less; more
• E) Market efficiency is unrelated to asset allocation or security selection.

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Definitions:

Psychotherapy

A treatment approach for mental health problems that involves talking with a therapist to address emotional and psychological issues.

Strengths

Positive traits or qualities that individuals possess, which are beneficial for performance in various areas of life.

Weaknesses

Attributes or areas of one's character or abilities that are less developed or less effective than other qualities.

Holder

A legal term for an individual or entity that possesses a negotiable instrument, like a check or promissory note, and has the right to enforce it.