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Other Fields Homework Help Economics Topic started by: ia45122 on Sep 20, 2022



Title: Suppose a particular theory predicts that on Monday, Wednesday, and Friday the stock market will ...
Post by: ia45122 on Sep 20, 2022
Suppose a particular theory predicts that on Monday, Wednesday, and Friday the stock market will rise and that on Tuesday and Thursday the stock market will fall. If an economist tests this theory and finds that over a six-month period the theory predicts accurately, the economist would likely say that the theory

▸ is reliable.

▸ is not useful because stock markets involve irrational human behaviour.

▸ is not in conflict with the evidence.

▸ has been proven correct.

▸ shouldn't be taken seriously.


Title: Suppose a particular theory predicts that on Monday, Wednesday, and Friday the stock market will ...
Post by: starikovs on Sep 20, 2022
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