Which One of the Following Is Most Indicative of a Totally

question 50

Multiple Choice

Which one of the following is most indicative of a totally efficient stock market?

• A)extraordinary returns earned on a routine basis
• B)positive net present values on stock investments over the long-term
• C)zero net present values for all stock investments
• D)arbitrage opportunities which develop on a routine basis
• E)realizing negative returns on a routine basis

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Definitions:

Age

The length of time that a person or organism has been alive or a thing has existed.

Gender

Socially and culturally constructed roles, behaviors, expressions, and identities associated with being male, female, or other gender identities.

Opponent-process Theory

A psychological and neurobiological theory that explains contrasting emotions and motivations, such as joy and sorrow, through opposing processes in the body.

Habitual Drug Abusers

Individuals who persistently use drugs excessively and compulsively, leading to serious physical, psychological, and social consequences.