Which one of the following is NOT a drawback when economists use surve
Which one of the following is NOT a drawback when economists use survey data to examine the unbiasedness hypothesis?
A) Participants may not have an incentive to respond honestly.
B) Participants’ investment actions are not consistent with their answers.
C) Selfish motives are generally not significant.
D) They don’t know the marginal investor’s expectations.
ANSWER
Answer: C
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