A period in which prices rise strongly,departing from their true value,frequently followed by a sudden decrease in prices is known as a/an:

Question

Quizplus · Accepted Answer

A bubble is a period of significant price increases that deviate from the fundamental value of an asset or asset class. Bubbles are typically followed by a sudden decrease in prices as the market corrects itself. This phenomenon can be observed in many markets, including housing, stocks, and cryptocurrencies. The other answer choices do not accurately describe this phenomenon.

A Period in Which Prices Rise Strongly,departing from Their True