Which of the following statements is true? A. Credit-driven asset bubbles are particularly dangerous. When asset prices fall, the deleveraging of credit markets reduces economic activity B. Bubbles driven solely by irrational exuberance lead to a failure of financial institutions C. Both A and B are correct D. Neither A nor B is correct
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Home » Business » Which of the following statements is true? A. Credit-driven asset bubbles are particularly dangerous. When asset prices fall, the deleveraging of credit markets reduces economic activity B.