When workers purchase more leisure and work less at higher wages, the supply curve

If the equilibrium exchange rate exceeds the par exchange rate in the market for pounds, the pound is overvalued

Indicate whether the statement is true or false

A bubble occurs when

A) the price of a stock is above its fundamental value. B) inside information is used to make profits from trading a company's stock. C) a company reports profits that are significantly above or below the expectations of financial analysts. D) the futures price is greater than the price of the underlying asset.