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ia45122 ia45122
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A year ago
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.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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starikovsstarikovs
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A year ago
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