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One of the First Symptoms of the 2008 Financial Crisis

Question 33

Multiple Choice

One of the first symptoms of the 2008 financial crisis was _______.


A) a decrease in the default risk of collateralized debt obligations (CDOs)
B) currency market volatility
C) a wave of corporate bankruptcies and government bailouts
D) government intervention in the currency markets
E) illiquidity in the market for collateralized debt obligations (CDOs)

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