Human fear is the source of stock market crashes, so these crashes indicate that expectations in the

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Human fear is the source of stock market crashes, so these crashes indicate that expectations in the stock market cannot be rational. Is this statement true, false, or uncertain? Explain your answer.

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Economics of Money, Banking and Financial Markets

ISBN: 978-0321598905

9th Edition

Authors: Frederic S. Mishkin

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Question Posted: Aug 12, 2012 04:17 AM

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Human fear is the source of stock market crashes, so these crashes indicate that expectations in the

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