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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 80
Circle the letter that corresponds to the best answer. Which statement is the most accurate?
A) The Fed's actions in dealing with the 2008 financial crisis may encourage future risky financial behavior, since a future crisis will be met with another bailout.
B) Although the Fed managed to avert a financial meltdown in 2008, it will not have the resources to deal with future financial crises.
C) The Fed was not at all responsible for the recent housing bubble.
D) From a long-run perspective, the massive financial bailout carried out by the Fed did much more harm than good.
A) The Fed's actions in dealing with the 2008 financial crisis may encourage future risky financial behavior, since a future crisis will be met with another bailout.
B) Although the Fed managed to avert a financial meltdown in 2008, it will not have the resources to deal with future financial crises.
C) The Fed was not at all responsible for the recent housing bubble.
D) From a long-run perspective, the massive financial bailout carried out by the Fed did much more harm than good.
Explanation
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Macroeconomics 11th Edition by Stephen Slavin
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