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The Global Financial Crisis

Question 16

Multiple Choice

The global financial crisis:


A) was brought about by US investment banks disguising the true risk characteristics of the collateralised debt obligations they were selling
B) was made worse by the uncertainty within global markets as to the level of credit risk posed by financial institutions leading to governments having to guarantee bank deposits
C) resulted in Governments offering stimulus packages to attempt to prevent economies from slipping into recession
D) all of the above

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