This topic contains a solution. Click here to go to the answer

Author Question: Which statement best explains why the Lehman Brothers bankruptcy rattled financial markets so badly? ... (Read 76 times)

xclash

  • Hero Member
  • *****
  • Posts: 681
Which statement best explains why the Lehman Brothers bankruptcy rattled financial markets so badly?
 
  a. Lehman Brothers had received a massive taxpayer bailout.
  b. Lehman Brothers had insured the deposits of most institutional investors.
  c. Government regulators began examining the accounts of every major bank.
  d. Economists feared that other large financial institutions were on the verge of collapse.

Question 2

A critic of deficit spending is most likely to point out that government borrowing _____.
 
  a. creates high unemployment
  b. contributes to increased income inequality
  c. results in a stagnation of private-sector wages
  d. reduces the amount of money available for private-sector investment



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

briezy

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

Correct Answer: d

Answer to Question 2

Correct Answer: d




xclash

  • Member
  • Posts: 681
Reply 2 on: Jul 8, 2018
Great answer, keep it coming :)


abro1885

  • Member
  • Posts: 337
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

For a complete list of videos, visit our video library