The October 1987 Crash Was Triggered by Which of the Following

question 42

Multiple Choice

The October 1987 crash was triggered by which of the following?

• A)program trading
• B)stop orders
• C)falling futures prices
• D)All of the above are correct.

---

Definitions:

Preferences

In economics, this refers to the subjective tastes and likes of individuals, which influence their choices among various goods and services.

Prices

The financial amount expected, required, or supplied as remuneration for an item.

Income

Money received on a regular basis from work, property, investments, business ventures, and other sources, used to fund consumption and savings.

Laspeyres Index

A price index used to measure the change in the cost of purchasing a fixed basket of goods and services of the same type and quantity over time.