A sudden and severe decline in market prices is best described as a market:
A)crash.
B)revolver.
C)bubble.
D)limit.
E)mispricing.

Question

Quizplus · Accepted Answer

A sudden and severe decline in market prices is commonly referred to as a market crash. This term is used to describe a situation where the market experiences a dramatic and rapid decline in value, often over the course of just a few days or weeks. This can be caused by a variety of factors, including economic downturns, geopolitical events, or other factors that create uncertainty or fear among investors. A market crash can have a significant impact on the economy as a whole, leading to widespread job losses, falling house prices, and other negative effects.

A Sudden and Severe Decline in Market Prices Is Best