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Author Question: Which statement best explains why the Lehman Brothers bankruptcy rattled financial markets so badly? ... (Read 81 times)

xclash

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on: Jul 8, 2018
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


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briezy

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Reply #1 on: Jul 8, 2018
Answer to Question 1

Correct Answer: d

Answer to Question 2

Correct Answer: d


xclash

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Reply 2 on: Jul 8, 2018
YES! Correct, THANKS for helping me on my review

chereeb

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Reply 3 on: Yesterday
Excellent

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