I m not sure bet i think the answer is B
<u>Answer:</u>Option c
<u>Explanation:</u>
Some of the macro economic event such as interest rates, unemployment, economic growth and inflation affects the stock markets . If any of these events occur then market has its effect on it. EMH is the efficient market hypothesis that the asset prices reflect the market situation.
When the macroeconomic event has not taken place but there is market decline then EMH is not consistent with the event or the macro economic news.Market prices also reflect due to the latest information if any.
Average income is important because it tells us the income of an average person and gives an idea about the rising standard of living of people.
Average income is basically income earned per person in a given area in a specific year. More income means more money to fulfill your needs and wants. It is believed that the prosperity of a country depends on it. Money is considered an important factor in the development of a country. If the average income of a country increases there are chances of an increase in the development of that country. If the average income is lower there are fewer chances of development.
A country with high average income is considered rich and low average income country is considered poor. The World Bank also uses the average income to measure the development of any country. Therefore average income is considered a very important criteria for development.
You can learn more about average income at
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