Which of the Following Tend to Reinforce the Argument That

question 17

Multiple Choice

Which of the following tend to reinforce the argument that the financial markets are efficient?
I. Information spreads rapidly in today's world.
II. There is tremendous competition in the financial markets.
III. Market prices continually fluctuate.
IV. Market prices react suddenly to unexpected news announcements.

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

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Definitions:

Belief System

A set of principles or tenets which together form the basis of a religion, philosophy, or moral code.

Whistle-Blowing

The act of exposing any illegal or unethical activities happening within an organization by someone from within the organization.

False Invoices

Invoices that are issued to bill for goods or services that were not actually provided, often used in fraudulent schemes.

Ethical

Ethical pertains to moral principles that govern a person's behavior or the conducting of an activity.