Question: Question 1 {5 points} As asset prices in an efficient market react quickly to information about future economic conditions, momentum in house prices is an

react quickly to information about future economic conditions, momentum in house prices

Question 1 {5 points} As asset prices in an efficient market react quickly to information about future economic conditions, momentum in house prices is an indication of inefficiencyr in the housing market, non-rational expectations, or both. \f

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