Decisions about what to buy and what to sell in the United States are determined primarily by which of the following?

Anything of value owned by a person or a firm is

A) an asset. B) owner's yield. C) a liability. D) wealth.

An important implication of the idea that markets are efficient is that

A) an investor can make money by buying undervalued stocks and selling overvalued ones. B) the price of a share immediately incorporates new publicly available information that affects its value. C) dealers can ignore some new information on a share that affects its value. D) an investor can make above average returns in the stock market by doing careful research of public information about selected stocks.