Multiple Choice
Which of the following was not a lesson from the 2007-2009 financial crisis?
A) Financial regulations were too "light" prior to the crisis.
B) Excessive complexity made the financial system more fragile and dangerous.
C) Both monetary policy and fiscal policy are needed in order for the economy to recover.
D) Regulatory failures were based primarily on poor job performance.
Correct Answer:
Verified
Correct Answer:
Verified
Q13: A home mortgage is a particular type
Q14: If a 10-year Treasury bond pays 3.1
Q15: A mortgage-backed security (MBS) is a type
Q16: Which of the following was not a
Q17: The intended use of TARP funds was
Q19: A bank is said to be recapitalized
Q20: Because the U.S.economy failed to snap back
Q21: When the housing price bubble burst, there
Q22: Suppose that a five-year Treasury bond pays
Q23: Which of the following was not a