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Eugene White's 1989 Study Did NOT Find That

Question 16

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Eugene White's 1989 study did NOT find that


A) an increased willingness on the part of New York banks to supply call loans caused the bull market.
B) interest rates on call loans increased by roughly 50% from 1922 to 1929.
C) credit was being pulled into the stock market by rising interest rates on call loans.
D) White's study found all of these things to be true.

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