Answer:
I, II, and III.
Explanation:
Market efficiency demonstrates that prices mirror the entire information regarding a specific market or stock which is accessible at a given point of time. There are certain important characteristics of an efficient market which include a number of participants, uniformity in products, etc. As per the options, all the three options could be characterized as the important characteristics of market efficiency which are as follows:
I). 'There are no arbitrage opportunities' as there is complete awareness among the consumers regarding the availability of products and its prices.
II). 'Security prices react quickly to new information' as there is a consensus value of a product set by all the customers and sellers after assessing its value.
III). 'Active trading strategies will consistently outperform passive strategies' as there is perfect competition and therefore, there is a liberty to enter and exit the market at any point in time.
Answer:Go to the stars at the bottom of the question and hit 5 star
Explanation:
Answer:
The answer is a
Explanation:
Wealth and educational attainment are the main sources of disparities between blacks and other ethnic groups. The gap between black and white americans decreased since the 1970's. However, in terms of the capacity of accumulating wealth, black people are still more likely to end in poverty in a ratio of 2:1 against white americans. This trend is similar in education, where black college graduates income than white graduates.
Studies also show that blacks are less likely to complete a college degree than white americans. Though the gap has narrowed slightly, whites are still 1.5:1 as likely as black people to complete their college degree.
Answer:
Correct Answer:
Participant 3 and Participant 4
Explanation:
In the panel to discuss the pros and cons of creating a highway through the local marshlands, the environmentalist (participant 3) and the highway developer (participant 4) would definitely have opposing views on the topic.
<em>The environmentalist would argue from the point of view of degrading the environment thereby disrupting the ecological environment. On the other-hand, the highway developer would list reasons why constructing the road will bring about development and economic prosperity to the local environment.</em>
