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Are New Regulations Likely to Prevent a Future Financial Crisis

Question 156

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Are new regulations likely to prevent a future financial crisis?


A) Yes, regulatory agencies have been effective at anticipating the secondary effects of new regulations.
B) Yes, industries that were highly regulated were unaffected by the Crisis of 2008.
C) No, regulators have a poor record with regard to foreseeing future problems.
D) No, current regulations could have prevented the Crisis of 2008, but were largely ignored.

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