I believe what you're looking for is economics, but I could be wrong.
Answer:
An unfunded mandate
Explanation:
An unfunded mandate is a statute or regulation that requires a state or local government to perform certain actions, with no money provided for fulfilling the requirements. Public individuals or organizations can also be required to fulfill public mandates.
Because, a free market, by the very nature of the thing, is always fair. A free market simply means that individuals and companies are free to trade (or not trade) with one another. ... The parties concerned trade money in exchange for products or services because they believe they are better off by doing so.
Answer:
B. names only the Supreme Court
Explanation:
Just took the test, got 100%
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.