In the 1990s,Fed Chairperson Alan Greenspan questioned whether the stock market
A)boom at that time reflected "irrational exuberance."
B)decline at that time reflected "irrational funk."
C)boom at that time reflected "rational exuberance."
D)decline at that time reflected "rational funk."

Question

Quizplus · Accepted Answer

In 1996, Alan Greenspan questioned whether the stock market boom at that time reflected "irrational exuberance," indicating concern about the possibility that the stock market was overvalued due to excessive optimism among investors.

In the 1990s,Fed Chairperson Alan Greenspan Questioned Whether the Stock