Question

One lesson learned from the financial crisis of 2008 was that
a. government regulators need to respond slowly when financial practices threaten the economy.
b. unregulated financial firms need to be prevented from growing so large that their failure would severely damage the economy.
c. the ease of owning a home has no relationship to the efficiency of the financial system.
d. unregulated financial firms need to be prevented from growing so small that their success would have no or little effect on the economy.

Answer

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