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When a financial market would be judged as value-creating

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Reference no: EM132622228

Problem 1: A financial market would be judged as value-creating (or efficient) when:

Select one:

a. It transfer funds from those with poor investment ideas to those with good investment ideas.
b. Banks are liquid.
c. It creates more opportunities for most investors to make money.
d. It transfer funds from those with good investment ideas to those with poor investment ideas.

Reference no: EM132622228

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