During the economic downturn that occurred between the fall of 2007 and spring of 2009,stocks declined in price.This period is known as a(n)
A)hare market.
B)tortoise market.
C)bull market.
D)bear market.

Question

Quizplus · Accepted Answer

A bear market is characterized by falling prices and a general sense of pessimism in the market. This is exactly what happened during the economic downturn of 2007-2009, when stocks declined in value.

During the Economic Downturn That Occurred Between the Fall of 2007