Multiple Choice
The word "efficient" in the term "efficient markets hypothesis" refers to the idea that
A) fundamental analysis is an efficient way to go about choosing which stocks to buy or sell.
B) stock prices move upward and downward "efficiently," rather than following a "random walk."
C) the stock market is "informationally efficient."
D) companies employ officers and managers who are well-qualified to perform their jobs.
Correct Answer:
Verified
Correct Answer:
Verified
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