A characteristic of an efficient market is that

A) prices are equal for all securities.
B) bid-asked spreads are large.
C) prices reflect all available information.
D) all investors receive a positive rate of return.

C

Economics

You might also like to view...

The main disadvantage of an emissions tax is that

a. The total pollution reduction from an emissions tax can not be known for sure b. Firms lack the flexibility to pursue different technologies c. Firms do not have an incentive to reduce pollution d. Firms can not be behave in an economically-efficient manner e. Differences among firms are not incorporated into the policy

Economics

Which of the following groups of people is included in the labor force of a country?

A) Part-time paid workers B) Retirees C) Disabled workers who can no longer work D) Adults who are full-time students

Economics