Answer:
The correct answer is letter "A": Even if a market is semi-strong-form efficient, an investor could still earn a better return than the market return if he or she had inside information.
Explanation:
The semi-strong efficiency of the market is part of the Efficiency Market Hypothesis (EMH) that states <em>changes in stock prices can be predicted as the result of all available information provided to investors</em> instead of using fundamental or technical analysis. Thus, "beating the market" could be a matter of chance and not skill.
Then, <em>investors could still beat a semi-strong-form efficient market compared to a market in which investors could obtain (somehow) insider information.</em>
The government acts as a promoter of free and competitive markets. This is not a key way the government contributes to a country's total factor productivity.
What is Total Factor Productivity (TFP)?
The total factor productivity (TFP) is a figure that illustrates a company's productivity by comparing how much it produces with how much it must spend to get that result. It is computed by dividing your total output (production) by average costs (inputs).
The efficiency and performance level of a corporation are determined using the total factor productivity. It makes an effort to determine how effectively the inputs have been translated into the output. In honor of American economist Robert Solow, the TFP is also referred to as the Solow residual.
To know more about total factor productivity refer:
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There are two general types of franchises: product-distribution and business format franchises.
Answer:
I would like to request the application fee waiver of $65 if it poses a financial hardship for me.
Explanation:
Requesting a fee waiver depends on one's financial situation. If the fee can be paid without experiencing any financial hardship, then it is not necessary to accept or request the waiver. However, if the waiver will ease one's financial burden, then it would be in the applicant's best interest to request the waiver as provided by Williams College.
