Which of the following occurred during the Crash of 1987?
I. market prices were kept up-to-date which increased investors' anxiety
II. the market declined another 5 percent within the 2 days following the crash
III. trading volume exceeded the exchanges' capacities
IV. NASDAQ went off-line
A)I and II only
B)III and IV only
C)I, II and IV only
D)II, III, and IV only
E)I, II, III, and IV

Question

Quizplus · Accepted Answer

Choice I is not accurate as investors were already anxious due to high market valuations before the crash. 
Choice II is accurate - the market declined 22.6% on Black Monday and another 5% within the following two days. 
Choice III is accurate - trading volume was so high that it exceeded the capacity of the exchanges, leading to delayed trades and difficulty executing orders. 
Choice IV is accurate - NASDAQ experienced technical difficulties and went offline briefly on the day of the crash.

Which of the Following Occurred During the Crash of 1987