Question
An efficient market is one in which no rents are created. past prices can be used to predict the levels of future prices. the principals
An efficient market is one in which
no rents are created.
past prices can be used to predict the levels of future prices.
the principals can fully monitor the actions of their agents.
the price fully reflects all available information.
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Using R For Econometrics
Authors: Florian Heiss
1st Edition
1523285133, 9781523285136
