rasv4946 rasv4946

30-01-2020
Business

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Which of the following explanations argues that the Great Recession resulted from asset-price bubbles caused by euphoria and debt-fueled speculation?A. Stimulus explanation.B. Austrian explanationC. Structural explanationD. Minsky explanation.

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sandlee09 sandlee09

31-01-2020

Answer:

Minsky Explanation

Explanation:

Based on the information provided within the question it can be said that the explanation that makes this statement is the Minsky Explanation. Which aside from arguing this, it basically states that reckless speculation is not able to sustain a bullish period and a sudden decline in market sentiment ultimately leads to a market crash every time.

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