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Given the Behavior of the Stock Market in Recent Years

Question 106

Multiple Choice

Given the behavior of the stock market in recent years


A) most economists still think the efficient markets hypothesis is an accurate description of the daily behavior of the stock market.
B) most economists think the efficient markets hypothesis provides little insight into the behavior of the stock market.
C) most economists think the rational investor can outperform the stock market in the long run.
D) many economists still believe that it is unlikely that investors can hope to earn above-average returns in the stock market by following traditional strategies.

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