An early sign that financial innovation might be leading toward a ...

[tingc95]

An early sign that financial innovation might be leading toward a financial crisis is ________.
 
  A) deleveraging
  B) a bank panic
  C) a credit boom
  D) debt deflation

Question 2

An increase in first-period income results in
 
  A) an increase in first-period consumption, an increase in second-period consumption, and an increase in saving.
  B) an increase in first-period consumption, a decrease in second-period consumption, and an increase in saving.
  C) a decrease in first-period consumption, an increase in second-period consumption, and an increase in saving.
  D) an increase in first-period consumption, an increase in second-period consumption, and a decrease in saving.

[kardosa007]

Answer to Question 1

C

Answer to Question 2

A

[tingc95]

Excellent

[smrtceo]

YES! Correct, THANKS for helping me on my review