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Review: Consumer Confidence Index VI
Explanation
In this question, if we have the author's main point in
mind, we are immediately drawn to answer choice (A). This choice is in fact
correct. The point here is that, if and since individual investors do make decisions on the basis of the
CCI, then the CCI and what it measures will have some impact on stocks as a
result of the irrational behavior--but it would not and should not, if the
irrational behavior didn't happen.
The correct answer is (A).
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