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In general, a financial crises has all of the following characteristics except _______________. a) Asset Price Declines b) Corporate Fraud c) Financial Institution Failure d)

In general, a financial crises has all of the following characteristics except _______________.

a) Asset Price Declines

b) Corporate Fraud

c) Financial Institution Failure

d) Liquidity Freeze

The bailout of banks were generally in the form of ________________.

a) Direct Investment in companies by the Fed and/or Treasury

b) Fiscal Expansion by the government

c) Lowering the reserve requirements on banks

d) Tax cuts on corporate income

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