Price bubble occurs when
A) price of an asset soars far above "fundamentals" like corporate earning or household income.
B) people can no longer afford to purchase an asset.
C) economy enters recessionary period.
D) economy experiences prolonged and slow recovery.
A
Economics
You might also like to view...
Which of the following would likely cause the greatest deadweight loss?
a. a tax on cigarettes b. a tax on salt c. a tax on cruise line tickets d. a tax on gasoline
Economics
International trade has the potential to ____ the availability of goods and services to ____
a. increase; those nations who export more than they import b. increase; nations that have an absolute advantage in the production of a good or service c. increase; all nations d. decrease; all nations
Economics