A Level of Market Efficiency in Which All Relevant Publicly

question 28

Multiple Choice

A level of market efficiency in which all relevant publicly available information is fully and immediately reflected in security prices is called a ______ efficient market.

• A) semistrong-form
• B) weak-form
• C) perfect-form
• D) strong-form

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Definitions:

Taxation Principle

Taxation principles are the guidelines that govern how taxes are structured and applied, including concepts of fairness, efficiency, and simplicity.

U.S. Governments

pertains to the federal, state, and local governmental structures within the United States, each with its own set of responsibilities and powers as defined by the Constitution.

Workers

Individuals engaged in a task or job to earn wages or salary, often as part of the labor force of an economy.

Labor Force

The labor force comprises all the working-age population who are currently employed and those who are unemployed but seeking employment.