Multiple Choice
Which one of the following statements concerning the stock market is correct?
A) Leverage was one of the contributing factors of the Crash of 1929.
B) "Black Monday" refers to October 29, 1929.
C) Program trading is cited as the sole cause of the Crash of 1987.
D) Generally speaking, market crashes tend to last longer than market bubbles.
E) It took the market 10 years to recover from the Crash of 1987.
Correct Answer:
Verified
Correct Answer:
Verified
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