Which One of the Following Statements Concerning the Stock Market

question 44

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.

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Kilogram, a unit of mass in the International System of Units (SI), equivalent to approximately 2.20462 pounds.

Linear

Pertaining to or resembling a line, especially in relation to attributes like growth or decline that occur in a straight or nearly straight fashion.

Moderate

Of average intensity or quality; neither good nor bad.

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