Multiple Choice
A bank is termed 'too big to fail' when
A) it is of such economic importance that the government cannot allow it to fail
B) it is so large and profitable that failure is very unlikely
C) it is spread across so many countries, it cannot fail in any one country
D) it has enough money to pay off all its debts
E) all of the above
Correct Answer:
Verified
Correct Answer:
Verified
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