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In the Financial Crisis of 2008, Which of the Following

Question 124

Multiple Choice

In the financial crisis of 2008, which of the following were not among the consequences of high leverage in the banking industry?


A) ​Less investment was undertaken than would otherwise have been the case.
B) ​Less consumption spending took place than would otherwise have been the case.
C) ​Unemployment was lower than it would otherwise have been.
D) ​Real GDP was lower than it otherwise would have been

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