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eennuson eennuson
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A year ago
The theory of efficient markets suggests that ________.

▸ long-term investments by banks are more profitable than short-term investments

▸ all movements in stock markets are based on rational appraisals of new information

▸ interest rates and inflation rates are inversely related

▸ systemically important financial institutions are more likely to fail
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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oth987oth987
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A year ago
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