Credit-Driven Bubbles ________

question 46

Multiple Choice

Credit-driven bubbles ________.

• A)occur exclusively within the financial sector
• B)are more likely to be identified by central bank officials than by market participants
• C)are best contained with a policy of high real interest rates
• D)are harder to identify than expectations-driven bubbles

---

Definitions:

Existential Import

The aspect of a statement that asserts the existence of something.

Modern Rules

Contemporary guidelines or principles that govern behavior or procedures in a specific area or activity.

Enthymeme

An argument in which one of the premises is not explicitly stated, but is assumed or implied.

Unstated Premise

An implicit assumption in an argument that is not directly expressed but is necessary for the argument's conclusion.