The rationale behind the efficient markets hypothesis is that the drive for profits ensures that
A) most unexploited opportunities will be exhausted.
B) all unexploited opportunities will be exhausted.
C) people use most available recent information.
D) people buy only valuable stocks and bonds.
Correct Answer:
Verified
Q60: The optimal forecast is the best guess
Q61: An implication of rational expectations is that
Q62: The efficient market hypothesis states that when
Q63: Financial markets are in equilibrium when the
Q64: Which of the following is true?
A)In equilibrium,
Q66: Market fundamentals are factors that have a
A)direct
Q67: The flow of funds is a social
Q68: Sources of funds for any sector are
A)spending
Q69: Uses of funds for any sector are
A)past
Q70: Which of the following is false?
A)Short term
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