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The ________ of the Late 1990s Was an Example of the Wealth

Question 179

Multiple Choice

The ________ of the late 1990s was an example of the wealth effect, while _______ of 2008 was an example of the reverse wealth effect.


A) declining stock values; skyrocketing market prices.
B) skyrocketing stock values; plunging market prices.
C) declining market prices; plunging market prices.
D) tech bust; real estate boom.

Correct Answer:

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