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Stock market bubbles are costly for the economy because they Multiple Choice lead to a reduction in real investment in both the short term and

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Stock market bubbles are costly for the economy because they Multiple Choice lead to a reduction in real investment in both the short term and long term. lead to a misallocation of resources in both the short term and long term. hurt consumers more than corporations. imply that the actual stock price is equal to the fundamental value of the stock

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