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Most Tests of Semistrong Efficiency Are ________

question 54

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Most tests of semistrong efficiency are ________.


Definitions:

Pay

Compensation given by an employer to an employee for services rendered.

Checks

Financial instruments issued against a bank account, allowing the person named to withdraw a specific amount of money from the account.

Electronic Fund Transfer Act

A United States federal law designed to protect consumers engaging in electronic transfer of funds.

Disclosure

The action of revealing or providing access to previously unknown or concealed information.

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