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 1.5 percent and the actual rate was 2.25 percent.

A) .75 percent
B) −.75 percent
C) 2.25 percent
D) − 2.25 percent
E) 1.5 percent