Multiple Choice
Which of the following is not one of the reasons economists offer for the phenomenon of real stock market index prices far exceeding their standard, conventional valuation?
A) an irrational speculative mania.
B) an increased tolerance for risk.
C) a decreased desire to purchase goods and services.
D) expectations of rapid future economic growth on the part of investors.
Correct Answer:
Verified
Correct Answer:
Verified
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