An Efficient Stock Market Means That

question 232

Multiple Choice

An efficient stock market means that:

• A) it is difficult to outperform the market, since stock prices convey all relevant public information about a company.
• B) traders with inside information cannot even outperform market averages.
• C) new information is slowly reflected in stock prices.
• D) All of the answers are correct.

Recognize the role of interindividual variability in cognitive abilities and experiences during middle adulthood.

Understand the components and development of fluid and crystallized intelligence, and how they manifest in middle adulthood.

Learn about the physiological changes and health challenges encountered in middle adulthood, especially related to menopause and osteoporosis.

Understand the importance and method of maintaining cognitive and physical health in middle adulthood.

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Definitions:

Principal

The main party to a transaction or contract, or the amount of money on which interest is paid or received.

Ratify

The official approval or confirmation of a treaty, contract, or agreement, making it valid and binding.

Contract

A legally binding agreement between two or more parties that outlines the terms and conditions of a particular arrangement or transaction.

Affirm

To confirm, ratify, or declare positively, often in a legal context such as affirming a judgment.