Which of the following is not one of the characteristics of the stock market in the months leading up to the October 1929 crash?
A) There was a frenzied upsurge in stock prices.
B) The market value of all stocks more than tripled in four years.
C) Stockbrokers lending buyers up to 75 percent of a stock's cost
D) Steep income-tax hikes suddenly cut the flow of money into the market.
E) Investment trusts lured novices into the market
Correct Answer:
Verified
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