According to the Semi-Strong Form Efficient: ____________

question 34

Multiple Choice

According to the semi-strong form efficient: ____________.

• A)stock prices do not rapidly adjust to new information
• B)future changes in stock prices cannot be predicted from any information that is publicly available
• C)corporate insiders should have no better investment performance than other investors even if allowed to trade freely
• D)arbitrage between futures and cash markets should not produce extraordinary profits

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Definitions:

Fixed Interval Schedule

A reinforcement schedule in operant conditioning where rewards are delivered at fixed intervals of time, provided the appropriate response is made.

Intermittent Reinforcement

A conditioning schedule where a response is only sometimes rewarded, leading to more resilient behavior compared to continuous reinforcement.

Continuous Reinforcement

A reinforcement schedule in which a reward follows every correct response, aiding in the rapid learning of a behavior.

Secondary Reinforcement

A concept in conditioning that involves stimuli which, though not naturally rewarding, become reinforcing through their association with primary reinforcers.