A _________________ market is one in which prices on multiple broad market indexes have decreased 20% or more over at least a two-month period.

Question

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A bear market is characterized by a decrease in prices on multiple broad market indexes by 20% or more over a prolonged period of at least two months. In a bear market, investors tend to sell off their shares in anticipation of further price declines, leading to a further decline in prices.

A _________________ Market Is One in Which Prices on Multiple