Reference no: EM131348028
In general, a financial crises has all of the following characteristics except _______________.
A. Asset Price Declines
B. Corporate Fraud
C. Financial Institution Failure
D. Liquidity Freeze
The bailout of banks were generally in the form of ________________.
A. Direct Investment in companies by the Fed and/or Treasury
B. Fiscal Expansion by the government
C. Lowering the reserve requirements on banks
D. Tax cuts on corporate income
The housing crises resulted in _____________.
A. The bailouts cost taxpayers billions of dollars
B. Many bankers were prosecuted for fraud
C. Bank regulations that split up the largest banks
D. None of these things happened
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The housing crises resulted
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