Each of the Following Is a Reason Why Stock Market

Multiple Choice

Each of the following is a reason why stock market prices are a good indicator of the determinants of the baseline level of investment spending except

A) stock market prices include expected future growth as a determinant.
B) stock market prices include a risk premium as a determinant.
C) stock market prices include the short-term nominal interest rate on bonds as a determinant.
D) stock market prices include accounting earnings as a determinant.