An efficient market is one where the prices of the assets traded in that market fully reflect all

available information at any instant in time.

Indicate whether the statement is true or false

TRUE

Business

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Elites challenge the logic of democratic ideology because in spite of being few in number they pilot the vast majority.

a. true b. false

Business

A bond

A. must be repaid over a stipulated period of time at regular intervals. B. may be defaulted without penalty. C. is the same as a stock. D. is a fixed asset. E. is a current liability.

Business