- PowerScore Staff
- Posts: 1787
- Joined: Dec 06, 2013
- Fri Dec 30, 2022 7:46 pm
#98687
ltowns,
I don't think there's much room between what you're saying and what's been said before. Garber seems to believe that speculative bubbles are one way for markets to be irrational, but I don't know if they're the only way. So answer choice (C) is a Mistaken Reversal, or you could say that, because I don't know Garber's general opinion about irrational markets, answer choice (C) goes too far. Those two judgments of answer choice (C) seem to get at the same idea.
Robert Carroll
I don't think there's much room between what you're saying and what's been said before. Garber seems to believe that speculative bubbles are one way for markets to be irrational, but I don't know if they're the only way. So answer choice (C) is a Mistaken Reversal, or you could say that, because I don't know Garber's general opinion about irrational markets, answer choice (C) goes too far. Those two judgments of answer choice (C) seem to get at the same idea.
Robert Carroll