An Asset-Price Bubble Bursts If There Is

question 64

Multiple Choice

An asset-price bubble bursts if there is:

• A) a panic cycle of asset sales and falling asset prices.
• B) a statement from the central bank stating that the bubble is over.
• C) an excess demand for an asset that raises asset prices.
• D) a sharp decrease in interest rates that pricks the asset-price bubble.

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Definitions:

Languages

Systems of communication used by people comprising of symbols, sounds, and rules for combining them.

Babbling

Early stage of language development in infants, characterized by repetitive syllabic sounds that precede actual language acquisition.

Phonemes

The tiniest sound parts in a language that serve to distinguish between words.

Discomfort

A mild form of physical or psychological pain that may result from a variety of causes, ranging from sitting in one position for too long to social embarrassment.