The main way in which speculative investing weakened the stability of the stock market was that it it led to high overvaluation of a company's worth, meaning that people began to divest quickly, leading to a run on the banks.
It would take by my calculations around 16 yrs but that is just an hypothesis
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Answer:
a) 0.10 or 10%
b) 0.5417 or 54.17%
Explanation:
a) The median income of $60,000 is at the 50th percentile of the distribution. If 40% if incomes are above $72,000, then an income of $72,000 is at the 60th percentile of the distribution. Therefore, the probability that a family's income will be between $60,000 and $72,000 is:

b) If the distribution is known to be uniform, the probability that a random chosen family has an income below $65,000 is:

Answer:
D
Explanation:
Direct finance is when a company or individual borrows money directly from the financial market without the aid of a financial intermediary.
Examples include :
- issuing bonds
- issuing shares
Indirect finance is when a company or individual borrows money through a financial intermediary. for example, borrowing from a bank