Author Question: A federal commission that investigated the cause of the 2008 economic crisis concluded that a. ... (Read 29 times)

lbcchick · **on:** Jul 12, 2018

A federal commission that investigated the cause of the 2008 economic crisis concluded that

a. the financial collapse was unavoidable and could not have been prevented.
b. the cause of the financial collapse was rooted in bad taxation policies.
c. government could not be held accountable for the financial collapse.
d. it was an avoidable disaster caused by failure of government regulation, bad corporate management, and bad decisions by Wall Street.

Question 2

The process of automatic spending cuts is called

A. Deficit Control
B. Gramm-Rudman Act
C. Sequestration
D. Balancing the Budget