Q
Speculative bubbles may occur in the shares market ?
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A
A. During periods of extreme pessimism because so many stocks become undervalued
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B
B. Only when people are irrational
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C
C. When stocks are fairly valued
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D
D. Because rational people may buy an overvalued share if they think they can sell it to someone for even more at a later date
Correct Answer:
C. C. When stocks are fairly valued
