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:

European Immigrants

Individuals who have moved to a new country from Europe, whether for economic, political, or social reasons.

Hispanic Americans

Americans of Spanish-speaking heritage, originating from Latin American countries or Spain, contributing to the cultural and linguistic diversity of the United States.

Ecological Theory

A framework in the social and biological sciences that explores how organisms interact with their environment and the impacts of these interactions on both the organisms and their habitats.

Accommodation

The process of adapting or adjusting to new conditions or environments, or in sociology, the process by which conflicting groups coexist by making concessions.