If Exchange Markets Were Efficient, the Deviation of the Actual

question 54

True/False

If exchange markets were efficient, the deviation of the actual future quote and today's forward rate will be zero.

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Definitions:

Local Adaptation Syndrome

A response of the body's defenses to stress or injury, often localized to a specific area, involving inflammation and repair mechanisms.

Autonomic Nervous System

The part of the nervous system that unconsciously regulates bodily functions, including heart rate, digestion, and respiratory rate.

Anxiety

A mental health condition characterized by feelings of worry, nervousness, or fear that are strong enough to interfere with one's daily activities.

General Adaptation Syndromes

General Adaptation Syndrome is a theoretical framework describing the body's short-term and long-term reactions to stress, comprising three stages: alarm, resistance, and exhaustion.