Which of the following is false?
A)Because of more aggressive oversight, financial crises will most likely not occur in the future.
B)A financial crisis can be caused by a recession.
C)A financial crisis can cause a recession.
D)A financial crisis is a critical upset in a financial market that leads to falling asset prices and the failure of many financial and nonfinancial firms.

Question

Quizplus · Accepted Answer

While increased oversight and regulation may help prevent some types of financial crises, it is not a guarantee that they will never occur in the future. History has shown that even with regulations in place, financial crises can still happen.

Which of the Following Is False