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
Correct Answer:
Verified
Q82: Asset-price bubbles _.
A)are a relatively recent phenomenon
B)end
Q83: Which of the following is a distinctive
Q84: Describe how a central bank can increase
Q85: How did international policy coordination contribute to
Q86: Asset-price bubbles _.
A)impact the macroeconomy only when
Q87: How does macroprudential regulation relate to conventional
Q89: What is the argument against the use
Q90: Regulatory policy used to affect credit markets
Q91: Why is responding to a financial crisis
Q92: How is asymmetric information related to asset-price
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents