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Which of the following is false? A. The financial crisis or panic of 2008 was primarily caused by associated with commercial banks. B. Before the

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Which of the following is false? A. The financial crisis or panic of 2008 was primarily caused by associated with commercial banks. B. Before the establishment of the Federal Reserve (U.S. Central Bank) bank runs or panics were common. c.Prudential bank regulation is meant to ensure safety and soundness of banking/credit system. D. Failed banks must be resolved in a manner that is least costly to the FDIC insurance fund. E. Banks reduce the information asymmetry problem. A. All indivitogis and bus in the financial system which allow banks to eost include which of the following? 1. All individuals and businesses have no diffculty meeting there bquidity needs on ther own. C. All of the itens a dusinesses have full information about all investment opportunities D. informational assted are examples of imperfections that exat. E. Emiciency of markets NComatiercias bions. Monim ienter barks c Gavegs and Line p comounty becks E Ciedt ufionts Which of the following is faise? A Economic recovery is usually impaired following a banking or financial crisis. B. Banks primarily exist in due to their ability to both screen and monitor loan applicants. C. The share of the total financial assets in the U.S. economy that is held by commercial banks has been increasing since the 1970s D. Bank services are viewed as vital to the economy, as no economy can proplerly function without access to credit. E. Most depositors seek informationally insensitive deposits and a high degree of liquidity

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