Which of the following was not a lesson from the 2007-2009 financial crisis?

Question

Quizplus · Accepted Answer

The business cycle still applies to economic analysis and was not a lesson from the financial crisis. The other three options were lessons learned from the crisis, including the need for stronger regulatory structures, the dangers of excessive leverage in the financial system, and the limitations of relying solely on monetary policy to stabilize the economy.

Which of the Following Was Not a Lesson from the 2007-2009