Which One of the Following Statements Is True

question 16

Multiple Choice

Which one of the following statements is true?

• A) Market crashes tend to be accompanied by low market volume.
• B) The Asian market crash was followed by a quick recovery.
• C) The market crashes of 1929 and 1987 are very similar in both the percentage decline in market value and in the ensuing market recovery.
• D) Market crashes tend to follow market bubbles.
• E) Market bubbles and crashes prove that financial markets are inefficient.

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Definitions:

Peristalsis

A succession of wave-like contractions in muscles that push food through the digestive system.

Gallbladder

A small, pear-shaped organ located beneath the liver, which stores and concentrates bile produced by the liver.

Bile

A digestive fluid produced by the liver and stored in the gallbladder, that aids in the digestion and absorption of fats in the small intestine.

Common Bile Duct

A duct in the digestive system that conveys bile from the liver and gallbladder to the duodenum.