Which of the following financial institutions went bankrupt as a result of the financial crisis that began in 2008?
A) Lehman Brothers
B) Bank of America
C) Citigroup
D) JP Morgan
A
Economics
You might also like to view...
The monetary base is
A) currency and reserves of depository institutions. B) currency minus depository institutions' reserves. C) depository institutions' reserves minus Federal Reserve notes. D) the money borrowed by banks from other banks.
Economics
Resolving Adam Smith's diamond-water puzzle involves
a. realizing that price is not directly related to total utility. b. knowing that at optimal purchase, price will tend to equal marginal utility. c. knowing that, as increasing quantities of a good are consumed, marginal utility diminishes and, conversely, consuming a small quantity of a good produces high marginal utility. d. All of the above are correct.
Economics