The Random-Walk Theory of Consumption Predicts That

question 5

Multiple Choice

The random-walk theory of consumption predicts that

• A)the slope of a line relating C(t+1)to C(t)is equal to 1
• B)the slope of a line relating C(t+1) to C(t) is equal to 0
• C)the slope of a line relating C(t+1) to C(t) is close to 0
• D)the slope of a line relating C(t)to Y(t)is close to 1
• E)none of the above

---

Definitions:

Communication Online

The exchange of information and ideas through the use of internet-based platforms and digital tools.

Overall Tone

Describes the general character or attitude of a piece of writing, situation, or spoken communication.

Team Leadership

The skills and qualities required to lead and manage a team effectively, promoting collaboration, motivation, and achievement of shared goals.

Social Media Industry

The sector encompassing companies and services that enable creating, sharing, and engagement on platforms designed for social interaction.