The Common Way of Expressing the Efficient Market Concept Is

question 17

Multiple Choice

The common way of expressing the efficient market concept is

• A) "the only true market is a profitable market."
• B) "there's no such thing as a free lunch."
• C) "only without government interference can a market survive."
• D) "once an efficient market, always an efficient market."

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Definitions:

T-account

A graphical representation of a general ledger account that outlines the effects of transactions on account balances.

Debit

An accounting entry that results in either an increase in assets or a decrease in liabilities on a company's balance sheet.

Credit

A financial agreement where a borrower receives something of value now and agrees to repay the lender at a later date, often with interest.

Equity Account

An account representing the owner's or shareholders' interest in a company, reflected in the capital stock, retained earnings, and contributed surplus on the balance sheet.