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In the mid 1600's, an event called Tulip Mania was occurring, and the tulip market fell victim to a speculative bubble. The fact that there

In the mid 1600's, an event called "Tulip Mania" was occurring, and the tulip market fell victim to a speculative bubble. The fact that there was a tulip bubble means that the price of tulips was ___________

A. lower than the actual value of tulips

B. much lower than the price of similar goods

C. extremely unstable

D. higher than the actual value of tulips

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