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Answer this question based on what you learned from Nobel Laurates Eugene Fama and Richard Thaler in the video, Are Markets Efficient? posted on Blackboard.

Answer this question based on what you learned from Nobel Laurates Eugene Fama and Richard Thaler in the video, "Are Markets Efficient?" posted on Blackboard. Professor Fama is who developed the Efficient Market Hypothesis (EMH) you learned in Chapter 8. Does he argue that the U.S. stock market is completely efficient in the video? Why or why not? Explain.

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