A central bank has ________ chance to identify a credit-driven bubble compared to an irrational exuberance bubble
A) a greater
B) less of a
C) about the same level of a
D) a greater, less or about the same level of a
A
You might also like to view...
Explain the economic concept of convergence
What will be an ideal response?
As a result of the Fed's actions during the 2008 financial crisis and banks' lending policies, the money multiplier ________ as a direct result of the ________
A) fell from about 9 to about 4; low risk experienced by banks because of the FDIC increasing their default coverage amounts B) decreased drastically; consistent decrease in banks' desired reserve ratios as they took on less risk C) rose from about 4 to about 9; surge in banks' desired reserve ratios as they took on less risk D) rose drastically; consistent decrease in banks' desired reserve ratios as they took on less risk E) fell from about 9 to about 4; surge in banks' desired reserve ratios as they took on less risk