Which One of These Statements Related to the Crash of 1987

question 10

Multiple Choice

Which one of these statements related to the Crash of 1987 is false?

• A) Program trading is at least partially to blame for the market meltdown.
• B) Between August and October 1987 the market declined over 40 percent.
• C) In some cases, it became impossible to contact a market maker.
• D) Trading volume exceeded the market's capacity to handle the order flows.
• E) Following the Crash of 1987, the market continued to slowly decline over the following year.

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