1.(1pt) Explain the efficient market hypothesis. Give an example of market inefficiency.

It's a hypothesis that believe that it is impossible to "beat" the market by stock traders because of perfect information a stock being

2.(1pt) What are the implications of the efficient market hypothesis for investors who buy and sell stocks in an attempt to "beat the market"?

3.(1pt) Name and describe at least two causes for the Great Depression. How do these causes relate to financial concepts discussed in class?