Structural stagnationists believe:
A)the efficient market hypothesis is operational at all times.
B)people can be irrational at times.
C)people are generally irrational.
D)the efficient market hypothesis is never operational.

Question

Quizplus · Accepted Answer

Structural stagnationists argue that markets can sometimes fail due to various reasons, including irrational behavior of individuals, which aligns with choice B. They do not necessarily believe that people are always irrational or that the efficient market hypothesis is never operational, but they acknowledge that irrationality can occur.

Structural Stagnationists Believe