Give Two Conditions That Are Important to the Efficient Market

question 50

Essay

Give two conditions that are important to the efficient market theory. List one implication of the efficient market theory.

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Definitions:

Valid

An attribute of a test or measurement indicating that it accurately measures or assesses what it is intended to.

Group Intelligence Movement

A historical movement that emphasized the assessment and study of intelligence through group-administered tests.

World War I

A global conflict that lasted from 1914 to 1918, involving many of the world's nations and marked by significant military and civilian casualties.

Great Depression

A severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States and affecting many countries.