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Compared to the Central Bank Response to the Financial Crisis

Question 19

Multiple Choice

Compared to the central bank response to the financial crisis in 2007-2009,the response to the Great Depression of the 1930s may be characterized as ________,while the response of Japan's central bank to the banking crisis in the early 1990s merits the label ________.


A) hasty;sluggish
B) intrusive;tenacious
C) complacent;indulgent
D) corrupt;technocratic

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