Important Characteristic(s)of Market Efficiency Is That _________________

question 61

Multiple Choice

Important characteristic(s) of market efficiency is that _________________.
I.there are no arbitrage opportunities
II.security prices react quickly to new information
III.active trading strategies will not consistently outperform passive strategies

• A) I only
• B) II only
• C) I and III only
• D) I, II and III

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Definitions:

Routine hassles

Minor everyday problems or annoyances that, although seemingly trivial, can accumulate and contribute significantly to stress and health problems.

Type B personality

A personality type characterized by a relaxed, patient, and easy-going nature, in contrast to the more tense and goal-oriented Type A personality.

Entrance scholarship

A financial award provided to a student upon entry into a college or university, typically based on academic merit or other achievements.

Academic stress

The emotional, physical, or psychological strain or tension related to academic demands and pressures.