Multiple Choice
The key reason that the bursting of the tech-stock bubble of the late 1990s had a mild impact on the macroeconomy is ________.
A) rapid intervention by the central bank averted economic catastrophe
B) the increase in tech-stock prices was driven by the economic fundamental of technological progress
C) the technology sector is a rather small portion of the aggregate economy
D) tech-stock prices had not been much influenced by credit availability
Correct Answer:
Verified
Correct Answer:
Verified
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