The Key Reason That the Bursting of the Tech-Stock Bubble

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) financial institutions were not heavily invested in tech stocks