Which one of the following statements is true?
A) Market crashes tend to be accompanied by low market volume.
B) The Asian market crash was followed by a quick recovery.
C) The market crash of 1929 and the crash of 1987 are very similar in both the percentage decline in market value and in the ensuing market recovery.
D) Market crashes tend to follow market bubbles.
E) Market bubbles and crashes prove that financial markets are inefficient.
Correct Answer:
Verified
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