An Asset-Price Bubble Is Defined as A

question 21

Multiple Choice

An asset-price bubble is defined as a:

• A)gradual change in asset prices due to changes in expected earnings.
• B)gradual rise in asset prices that is not justified by changes in interest rates or expected earnings.
• C)rapid rise in asset prices that is not justified by changes in interest rates or expected earnings.
• D)rapid change in asset prices due to changes in interest rates.

---

Definitions:

Al Qaeda

An international terrorist organization founded by Osama bin Laden, responsible for numerous attacks, including the September 11, 2001 attacks on the United States.

September 11 Attacks

A series of terrorist attacks by al-Qaeda on the United States on September 11, 2001, leading to significant global impacts.

Anita Hill

An American lawyer and academic who gained national attention in 1991 when she accused U.S. Supreme Court nominee Clarence Thomas of sexual harassment.

Sexual Harassment

Unwelcome sexual advances, requests for sexual favors, and other verbal or physical harassment of a sexual nature in the workplace or other professional or social situations.