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  2. Topic
    Business
  3. Study Set
    Money Banking and Financial Markets
  4. Exam
    Exam 7: The Stock Market, the Theory of Rational Expectations, and the Efficient Market Hypothesis
  5. Question
    When We Describe Stock Prices as Following a Random Walk,we
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When We Describe Stock Prices as Following a Random Walk,we

Question 52

Question 52

Multiple Choice

When we describe stock prices as following a random walk,we mean that future changes in stock prices are


A) unpredictable.
B) increasing.
C) decreasing.
D) constant.

Correct Answer:

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