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    Money and Banking Study Set 1
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    Exam 13: Financial Crises: Causes and Consequences
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    By Allowing Lehman to Fail, the Federal Reserve Worsened the Moral
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By Allowing Lehman to Fail, the Federal Reserve Worsened the Moral

Question 62

Question 62

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By allowing Lehman to fail, the Federal Reserve worsened the moral hazard problem between regulators and financial institutions.

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