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  3. Study Set
    Economics Study Set 8
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    Exam 30: Financial Crises, Panics, and Unconventional Monetary Policy
  5. Question
    Suppose You Work in Investments for a Financial Institution, and Other
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Suppose You Work in Investments for a Financial Institution, and Other

Question 3

Question 3

Multiple Choice

Suppose you work in investments for a financial institution, and other banks are making a fortune with Irish goldmines. The fact that you are more likely to move to invest in Irish goldmines just because you see other banks doing so is called:


A) the law of diminishing control.
B) leverage.
C) herding.
D) diversification.

Correct Answer:

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