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16. How was the 16th century Tulip mania like the period preceding the 1929 stock crash? A) The assets gaining value had questionable utility or
16. How was the 16th century Tulip mania like the period preceding the 1929 stock crash? A) The assets gaining value had questionable utility or use. B) Prices ascended rapidly and increasingly disconnected from economic fundamentals. C) Broker loans almost certainly exacerbated the subsequent crash. D) Moral hazard led to excessive lending and speculation by homeowners. E) The burning and looting of areas of commerce lead to a permanently diminished rate of economic growth
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