Between 2000 and 2007, there was a housing bubble in the United States. A bubble is:
A) a fluctuation in asset prices that leads to inherent instability
B) a fluctuation in asset prices that leads to inherent instability.
C) an increase in asset prices above what appears to be its fundamental value
D) an increase in asset prices above what appears to be its fundamental value.
E) individuals reselling assets rapidly to make quick profits
F) individuals reselling assets rapidly to make quick profits.
G) speculation by unscrupulous investors
H) speculation by unscrupulous investors.
Correct Answer:
Verified
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