Nov

19

Examine the enclosed chart and answer the questions below:

1. What does the historical record of the Japanese stock market imply about the existence of bubbles?

2. (honors) What does it say about assumptions regarding long-term return of claims on earnings streams?

3. (law students) What effect has Japanese government had on their stock market long-term? Would the result be different were the default world currency were the Yen?


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