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 percent and the actual rate was 2.2 percent.

A) .4 percent
B) −.4 percent
C) 2.2 percent
D) −2.2 percent
E) 1.8 percent