MCQOPTIONS
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| 1. |
A market participant who obeys the principles of rational expectations will base his or herexpectations of market price on |
| A. | all possible information about supply and demand curves. |
| B. | all possible information about the history of price movements. |
| C. | rational behaviour by other market participants. |
| D. | rational behaviour by government regulators. |
| Answer» B. all possible information about the history of price movements. | |