Which of the Following Would Be Inconsistent with an Efficient

question 123

Multiple Choice

Which of the following would be inconsistent with an efficient market?

• A) Information arrives randomly and independently.
• B) Stock prices adjust rapidly to new information.
• C) Price changes are independent.
• D) Price changes are random.
• E) Price adjustments are biased.

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Definitions:

Organizational Policies

Guidelines and rules established by an organization to govern its operations and employee behavior.

Unwanted Employees

Individuals within an organization who are deemed non-contributory, problematic, or otherwise undesirable by management or peers.

Termination

The act of ending an employee's contract with a company, which can be voluntary or involuntary.

Discharge

The termination of an employee's position or duties, which can be due to various reasons, including redundancy, misconduct, or organizational restructuring.