Which of the Following Statements Applies to Hysteresis

Multiple Choice

Which of the following statements applies to hysteresis?

A) Hysteresis occurs when there are both high entry and exit costs.
B) Hysteresis refers to the hysteria of a currency crisis
C) Hysteresis is a consequence of the intrinsic value of a "now or never" proposition.
D) Three of the above
E) Two of the above