Examlex
Broadly speaking,Social Security redistributes incomes from high-to low-income individuals,from men to women,and from young to old.
Efficient Markets Hypothesis
The theory that asset prices fully reflect all available information, making it impossible to consistently achieve higher returns than the overall market through stock picking or market timing.
Efficient Markets Hypothesis
The theory that financial markets fully reflect all available information at any given time, making it impossible to consistently achieve higher returns than the overall market.
Share Price
The current price at which a single share of a company's stock can be bought or sold in the financial markets.
Utility Function
A utility function is an economic model representing a consumer's preference ranking for various bundles of goods or services, quantifying satisfaction levels.
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