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Which of the following statements is NOT true regarding the 2008 crisis? a. The gap of interest rates between corporate bonds and government bond increased

Which of the following statements is NOT true regarding the 2008 crisis? a. The gap of interest rates between corporate bonds and government bond increased dramatically during the crisis. b. The complexity of assets held by financial intermediaries made it difficult to assess their value, and many assets had to be sold at fire sale prices. c. The bank run was largely on the wholesale market. d. The leverage ratio of banks was not very high, due to capital regulatory requirement.

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