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In October 1987 Stock Prices Fell 22% in One Day

question 15

Essay

In October 1987 stock prices fell 22% in one day and bond rates fell also. Use the loanable funds theory to explain what happened.


Definitions:

Audio Recordings

Digital or analog created recordings of sound, often used as evidence in court or for personal and professional documentation.

Background Noise

Ambient sound that is present in a scene or environment but is not the focus of attention.

Court

A governmental institution authorized to hear and decide legal disputes and administer justice within its jurisdiction.

Case File

A case file is a collection of documents, evidence, and records pertaining to a specific legal case or investigation.

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