The Key Reason That the Bursting of the Tech-Stock Bubble

question 62

Multiple Choice

The key reason that the bursting of the tech-stock bubble of the late 1990s had a mild impact on the macroeconomy is ________.

• A)rapid intervention by the central bank averted economic catastrophe
• B)the increase in tech-stock prices was driven by the economic fundamental of technological progress
• C)the technology sector is a rather small portion of the aggregate economy
• D)tech-stock prices had not been much influenced by credit availability

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Definitions:

Ethnocentric

a belief in or assumption of the superiority of the cultural or ethnic group one belongs to.

Geocentric Attitudes

A worldview that considers all cultures as potentially valuable and seeks to integrate diverse perspectives in a global context.

Cultural Intelligence

The capability to function effectively in culturally diverse settings, understanding and adapting to cultural differences.

Masculinity-Femininity Dimension

A cultural dimension that describes the distribution of roles between the genders in a society and the value placed on masculine or feminine traits.