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.

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