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An ideal Carnot engine is operated as a thermodynamic pump to heat a room in the winter.The thermodynamic pump delivers thermal energy to the room at the rate of 47 kJ per second and maintains the room at a temperature of 293 K when the outside temperature is 237 K.The power requirement to run the thermodynamic pump under these operating conditions is closest to
Semistrong Form
A form of the Efficient Market Hypothesis suggesting that all publicly available information is already reflected in stock prices, making it difficult to achieve superior gains through analysis.
Trading Volume
The total number of securities traded during a given period of time.
Passive Management
Buying a diversified portfolio, often a broad-based market index, without attempting to identify mispriced securities.
Index Fund
A mutual fund holding shares in proportion to their representation in a market index such as the S&P 500.
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