Multiple Choice
Which of the following are conditions that Andrei Shleifer presents as the conditions that create market efficiency?
A) Arbitrage,independent deviations from rationality,rationality
B) Competition,arbitrage,and rational investors
C) Rational investors,dependent deviations from rationality,and competition
D) Wide public access to information,rational investors,and arbitrage
E) Professional investors,easy access to information,rational independent investors
Correct Answer:
Verified
Correct Answer:
Verified
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