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:
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<span>Business people in intense competition with each other to produce a better, less expensive product or service are and always has been good for the economy of any country. When businesses are allowed to become too big to fail, to hire trained gunslingers in the form of expensive lobbyists and contribute heavily to the campaigns of candidates who provide those businesses favors, privileges, subsidies, tax cuts, etc., they cease to be good for the economy of our country. </span>
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Business owners hate unions because it gets in the way of them making money.
</span> Unions are hated because they force business owners to do the right thing. Sometimes what is right keeps them from maximizing their profits. There are labor laws, however can be ignored when greed is involved. Most employers get away with it as opposed to employers who have employees with unions.
The habit of seeing things only from the point of view of one's own group is called etnocentrism.
Correct answer: B
The term ethnocentrism describes the view that one particular ethnic group is superior and "better" than other. Individuals belonging to this group believe that they are better than other because of their heritageEthnocentrsim is linked to racism and prejudice.