A credit boom can lead to a(n) ________ such as we saw in the tech stock market in the late 1990s.
A) asset-price bubble
B) liability war
C) decline in lending
D) decrease in moral hazard
Answer: A
A credit boom can lead to a(n) ________ such as we saw in the tech stock market in the late 1990s.
A) asset-price bubble
B) liability war
C) decline in lending
D) decrease in moral hazard
Answer: A