The Recession That Became the Great Depression Began

question 69

Multiple Choice

The recession that became the Great Depression began

• A) two months prior to the stock market crash of 1929.
• B) with the stock market crash of 1929.
• C) one year after the stock market crash of 1929.
• D) with the banking panics of the early 1930s.

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Definitions:

Coupon Rate

A bond's yearly interest payout rate, described as a percentage of its face value.

Coupon Rate

The annual interest rate paid on a bond's face value, indicating the amount of periodic payments to the bondholder.

TIPS Bond

Treasury Inflation-Protected Securities are U.S. government bonds that are indexed to inflation in order to protect investors from the negative effects of rising prices.

Par Value

The nominal or face value of a bond, share of stock, or coupon as stated by the issuer, which does not necessarily reflect its market value.