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    Macroeconomics Study Set 38
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    Exam 17: Investment
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    In 2001, the P/E Ratio
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In 2001, the P/E Ratio

Question 56

Question 56

Multiple Choice

In 2001, the P/E ratio:


A) led to a discussion of "under-exuberance."
B) was inverted.
C) peaked at over 40.
D) equaled the mean P/E ratio.
E) began to rise sharply.

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