Writing in the Wall Street Journal in 2009, economist Jeremy Siegel argued that, in the years leading up to the financial crisis of 2008–2009,
a. financial firms acted in too risky a fashion.
b. the Federal Reserves's efforts to rein in the risky behavior of certain financial firms were inadequate.
c. falling house prices "crashed the banks and the economy.".
d. All of the above are correct.
d
You might also like to view...
If there are 200 physicians per 100,000 population in the United States generally, but over 500 per 100,000 population in San Francisco,
A) physicians are not scarce in San Francisco. B) physicians particularly enjoy living and working in San Francisco, for financial and other reasons. C) residents of San Francisco necessarily need more medical services than the average American. D) there is a shortage of patients in San Francisco. E) there is a surplus of physicians in San Francisco.
An insurance company that writes automobile policies tries to separate safe drivers from risky drivers by offering policies that feature different deductibles and different premiums. This practice is best described as an example of
a. screening. b. behavioral economics. c. monitoring. d. signaling.
Around the year 2000, Robert Mugabe needed money to bribe his enemies and reward his political allies, but he faced all of the following problems EXCEPT:
A. his policies had scared away investors. B. the Central Bank refused to print any more money. C. his people were unemployed and hungry. D. there was nothing left to tax.
In absolute value, the tax multiplier is greater than the government purchases multiplier
Indicate whether the statement is true or false