Question
The Panic of 1907, the savings and loan crisis, and the financial crisis of 2008 were similar in that they all: a.were caused by restrictive
The Panic of 1907, the savings and loan crisis, and the financial crisis of 2008 were similar in that they all:
a.were caused by restrictive monetary policy
b.involved financial institutions that were not as strictly regulated as deposit-taking banks.
c.were caused by large budget deficits.
d.were caused by excessive regulation by the Federal Reserve.
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Business A Changing World
Authors: O. C. Ferrell, Geoffrey Hirt, Linda Ferrell
10th edition
1259179397, 978-1259179396
