In the last months following the collapse of ________, interest rates on commercial paper ________ and access to this form of liquidity ________.
A) Lehman Brothers; rose by over 5 percent; contracted
B) Washington Mutual; fell by over 3 percent; expanded
C) Merrill Lynch; rose by 5 percent; stayed constant
D) General Motors; rose by over 3 percent; contracted
E) AIG; stayed constant; remained unchanged

Question

Quizplus · Accepted Answer

The collapse of Lehman Brothers led to a significant increase in interest rates on commercial paper by over 5 percent, and access to this form of liquidity contracted.

In the Last Months Following the Collapse of ________, Interest