In 2008, Testifying Before Congress, Alan Greenspan, the Former Head

Multiple Choice

In 2008, testifying before Congress, Alan Greenspan, the former head of the Federal Reserve Bank.

A) argued that regulation would damage banks, Wall Street, and the mortgage market.
B) admitted that his conviction that free markets would produce the best results was flawed.
C) argued that the federal government should allow unregulated economic competition.
D) argued that banks and investment firms should regulate themselves.
E) called for deregulation and artificially low interest rates.