Herd behavior can best be described as
A) the large number of investors involved in the stock market.
B) how large participation in financial markets increase market efficiency.
C) informed investors can outperform relatively uninformed investors.
D) relatively uninformed investors follow the behavior of other investors instead of consider fundamentals.
D
You might also like to view...
Based on the figure below. Starting from long-run equilibrium at point C, a decrease in government spending that decreases aggregate demand from AD1 to AD will lead to a short-run equilibrium at__ creating _____gap.
A. B; no output B. D; an expansionary C. B; recessionary D. D; a recessionary
What is the yield to maturity of a perpetuity with a coupon of $40 and a price of $800?
What will be an ideal response?
From 1980 to 2012, the black-white wage ratio for males in the United States
A. increased substantially from under 0.5 in 1980 to almost 1.0 in 2012. B. increased modestly from 0.7 in 1980 to about 0.8 in 2012. C. held constant at about 0.7. D. fell steadily from about 1.0 in 1980 to 0.5 in 2012. E. increased substantially from 0.4 in 1980 to over 0.8 in 2012.
Which statement is true?
A. In China today, the private sector produces no more than 10% of the country's goods and services. B. Under communism in the Soviet Union, the private sector was almost as large as the government sector. C. In the American economy today, the public sector is almost as large as the private sector. D. None of the statements are true.