The 2008-2009 global financial crisis has:
A) revealed that financial intermediaries and markets efficiently channeled savings to society's most advantageous investments.
B) led to the breakup of the major financial conglomerates.
C) validated the late twentieth-century deregulation of the financial industry.
D) All of the above.
E) None of the above.
Correct Answer:
Verified
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Q12: At the start of the twenty-first century,
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Q16: Credit default swaps:
A) are a type of
Q17: The 1933 Glass-Steagall Act:
A) limited savings banks
Q18: Which of the following statements about the
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Q20: John Maynard Keynes and Hyman Minsky offer
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