In 2008, several banks had a:
A) solvency problem, and the Fed kept them all from going bankrupt.
B) confidence problem, and would not lend enough to keep from going bankrupt.
C) solvency problem, and eventually went bankrupt as a result.
D) reserve problem, and did not have enough funds on hand to lend to keep from going bankrupt.
Correct Answer:
Verified
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