During the financial crisis of 2007-2009,plowback represented a total of ____ in corporate financing.

Question

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Plowback refers to the retention of earnings by a company to finance its operations instead of paying dividends to its shareholders. During the financial crisis of 2007-2009, many companies relied on plowback as a source of financing due to limited access to capital markets. According to data from the Federal Reserve, non-financial corporations plowed back approximately $1 trillion during this period.

During the Financial Crisis of 2007-2009,plowback Represented a Total of ____