The Systematic Response Coefficient for Productivity,β_p,would Produce an Unexpected Change

Multiple Choice

The systematic response coefficient for productivity,β_p,would produce an unexpected change in any security return of __ β_P if the expected rate of productivity was 1.8% and the actual rate was 2.3%.

A) 0.5%
B) -0.5%
C) 2.3%
D) -2.3%
E) 1.8%