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What Happened to the Number of Bank Failures Between 2009

Question 195

Multiple Choice

What happened to the number of bank failures between 2009 and 2011?


A) Bank failures dropped to an all-time low because of government bailouts.
B) Bank failures became almost nonexistent as housing prices recovered from the depths of the housing crisis.
C) Bank failures increased dramatically when compared to prior years as banks' assets were insufficient to meet their liabilities.
D) Bank failures reached record numbersan all-time high as bank regulators could not keep up with the record number of housing foreclosures that depressed banks' assets.

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