Which of the Following Is a True Statement

question 31

Multiple Choice

Which of the following is a true statement?

• A)While researchers found it difficult to reject the random walk hypothesis for exchange rates on empirical grounds, there is no theoretical reason why exchange rates should follow a pure random walk.
• B)While researchers found it easy to reject the random walk hypothesis for exchange rates on empirical grounds, there are strong theoretical reasons why exchange rates should follow a pure random walk.
• C)While researchers found it difficult to reject the random walk hypothesis for exchange rates on empirical grounds, there are compelling theoretical reasons why exchange rates should follow a pure random walk.
• D)None of the above

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Definitions:

Absolute Right

A right that is not subject to any limitations or conditions and must be respected under all circumstances.

Restricted

Being limited in movement, action, or activity, often by laws, rules, or circumstances.

Virtue Ethics

An ethical framework that emphasizes the role of character and virtue in moral philosophy rather than either doing one’s duty or acting to bring about good consequences.

Explicit Guidance

Direct, clear instructions or information about how to behave or what to do.