Step 1: Identify the Introduction
Statement 4 introduces the subject: behavioral models are widely used in finance. Hence, it is the logical starting point.
Step 2: Build the Flow
After the general introduction, Statement 1 explains what behavioral models critique: the efficient market hypothesis. Then Statement 3 highlights how asset price bubbles and crashes contradict this rationality assumption. Statement 2 follows logically, showing that feedback models explain this irrational phenomenon. Finally, Statement 5 concludes with the idea of “irrational exuberance” being widely accepted today.
Step 3: Logical Order
Thus, the correct order is: \[ 4 \;\rightarrow\; 1 \;\rightarrow\; 3 \;\rightarrow\; 2 \;\rightarrow\; 5 \]
Step 4: Conclusion
The logical sequence is captured by Option (C).
Final Answer:
\[ \boxed{\text{4, 1, 3, 2, 5}} \]
Rearrange the following sentences:
Arrange into a paragraph:
1. The streets were wet.
2. We decided to cancel the picnic.
3. Dark clouds covered the sky.
4. Soon, it began to rain heavily.
Match the following airlines with the countries where they are headquartered.
Airlines | Countries |
---|---|
1. AirAsia | A. Singapore |
2. AZAL | B. South Korea |
3. Jeju Air | C. Azerbaijan |
4. Indigo | D. India |
5. Tigerair | E. Malaysia |
Match the following authors with their respective works.
Authors | Books |
---|---|
1. Andy Weir | A. Dune |
2. Cixin Liu | B. The Time Machine |
3. Stephen Hawking | C. The Brief History of Time |
4. HG Wells | D. The Martian |
5. Frank Herbert | E. The Three Body Problem |