Brief Principles of Macroeconomics (MindTap Course List)
Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN: 9781337091985
Author: N. Gregory Mankiw
Publisher: Cengage Learning
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Chapter 9, Problem 7QR
To determine

Efficient market hypothesis.

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What are the empirical evidences in favor of and against the efficient market hypothesis?
Which of the following would count as valid evidence against the efficient markets hypothesis? (a) Some investors make huge profits betting on specific stocks on the stock market. (b) Financial crises still occur. (c) Stock prices always rise two days after good news is released. (d) Stock prices are very volatile. (e) A company’s stock price does not always rise with good news about that company.
: Why are we still talking about the Efficient Market Hypothesis all these years later?
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