Which of the following statements is most correct?
A)The financial crisis and recession of 2007-2009 had little effect on the ability of borrower firms to obtain short-term financing and for firms with surplus funds to invest in short-term instruments.
B)The financial crisis and recession of 2007-2009 had no effect on the ability of borrower firms to obtain short-term financing and for firms with surplus funds to invest in short-term instruments.
C)The financial crisis and recession of 2007-2009 had strong effects on the ability of borrower firms to obtain short-term financing but made it easy for firms with surplus funds to invest in short-term instruments.
D)The financial crisis and recession of 2007-2009 had little effect on the ability of borrower firms to obtain short-term financing but made it easy for firms with surplus funds to invest in short-term instruments.
E)none of the above

Question

Quizplus · Accepted Answer

The financial crisis of 2007-2009 significantly affected both the ability of firms to obtain short-term financing and the ability to invest in short-term instruments, making none of the provided statements entirely correct.

Which of the Following Statements Is Most Correct