Which of the Following Is Not Consistent with the Efficient

question 125

Multiple Choice

Which of the following is not consistent with the efficient market hypothesis?

• A)Stock prices should follow a random walk.
• B)Index funds should typically outperform highly managed funds.
• C)News has no effect on stock prices.
• D)There is little point in spending many hours studying the business pages looking for undervalued stocks.

Understand the importance of asking relevant questions during an interview.

Recognize the significance of non-verbal cues and thorough preparation for interviews.

Understand the value of researching and benchmarking qualifications against job requirements and industry standards.

Understand the influence of marketing on self-esteem and self-concept.

---

Definitions:

Quantity

The amount or number of a material or immaterial good that can be measured or quantified.

Quality

A measure of how good or suitable something is in comparison to similar items or services.

Seigniorage

Seigniorage is the profit made by a government by issuing currency, especially the difference between the face value of coins and their production costs.

Medium Of Exchange

An intermediary instrument, such as money, used to facilitate buying and selling goods and services.