A ________ market is one in which prices on multiple broad market indexes have decreased 20% or more over at least a two-month period.
A)bear
B)bull
C)depressed
D)fast

Question

Quizplus · Accepted Answer

The definition given in the question matches the characteristics of a bear market. A bear market is characterized by a long-term decline in the prices of stocks, bonds, and other financial instruments, and is typically accompanied by pessimism about the economy and a lack of investor confidence. A 20% or more decline in prices over a two-month period is a strong indicator of a bear market.

A ________ Market Is One in Which Prices on Multiple