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    Investments Study Set 2
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    Exam 20: Financial Planning and Investing in an Efficient Market Context
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    Price Bubbles May Be Evidence That
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Price Bubbles May Be Evidence That

Question 21

Question 21

Multiple Choice

Price bubbles may be evidence that
1. financial markets are inefficient
2. financial markets are rational
3. the investors have a herd instinct
4. investors do not have a herd instinct


A) 1 and 3
B) 1 and 4
C) 2 and 3
D) 2 and 4

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