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The Term "Independent Deviations from Rationality" Implies That Irrational Investors

Question 107

Multiple Choice

The term "independent deviations from rationality" implies that irrational investors


A) Dominate the market place
B) Guarantee an inefficient market
C) Independently offset the actions of rational investors
D) Behave differently from one another
E) Act together to offset the actions of rational investors

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