Answer the following:

The following table contains statements that provide some analysis of policies that address the nancial crisis of 20072009. Categorize each statement as positive or normative. Statement Positive Normative The nancial crisis was caused by faulty mathematical models that encouraged excessive risk taking. 0 O The lack of effective regulation contributed to a risk-seeking culture in the nancial services industry. O 0 Central banks should have imposed tighter regulations on banks to prevent the financial crisis. 0 O O O Executives of banks that received nancial assistance from the government should not have received bonuses. Darnell is a hardrworking college sophomore. One Thursday, he decides to work nonstop until he has answered 100 practice problems for his economics course. He starts work at 8:00 AM and uses a table to keep track of his progress throughout the day. He notices that as he gets tired, it takes him longer to solve each problem. Time Total Problems Answered 8:00 AM 0 9:00 AM 40 10:00 AM 70 11:00 AM 90 Noon 100 Use the table to answer the foflowing questions. The marginal, or additional, gain from Darnell's first hour of work, from 8:00 AM to 9:00 AM, is E problems. The marginal gain from Darnell's third hour of work, from 10:00 AM to 11:00 AM, is E problems. Later, the teaching assistant in Darnell's economics course gives him some advice. The teaching assistant says, \"Based on past experience, working on 35 problems raises a student's exam score by about the same amount as reading the textbook for 1 hour." For simplicity, assume students always cover the same number of pages during each hour they spend reading. Given this information, in order to use his 4 hours of study time to get the best exam score possible, how many hours should he have spent working on problems and how many should he have spent reading? 0 1 hour working on problems, 3 hours reading 0 2 hours working on problems, 2 hours reading 0 3 hours working on problems, 1 hour reading 0 4 hours working on problems, 0 hours reading