Immediately following the Crash of 1987, the stock market:
A) remained in a slump for an extended period of time.
B) remained flat for an extended period of time.
C) had one of the biggest short-term gains ever.
D) began a very slow and choppy recovery.
E) began a very slow and smooth recovery.

Question

Quizplus · Accepted Answer

The stock market had one of the biggest short-term gains ever following the Crash of 1987. This was due to coordinated efforts by central banks around the world to inject liquidity into the markets and prevent a complete collapse.

Immediately Following the Crash of 1987, the Stock Market