contestada

A market that establishes correct prices for the securities that firms sell and allocates funds to their most productive uses is called a(n) ________.

Respuesta :

Answer: Efficient market

Explanation:

Efficient-market is referred to as or known as the market under financial economics which tends to state that the asset prices will reflect all of the available information. A more direct implication of such a market is that, at most of the time it'll be impossible or difficult to beat this market, especially on the risk adjusted basis , because market prices only reacts to the new information.