Lack of prudential regulation of capital markets in East Asia often led to
a. borrowing short term and lending long term
b. borrowing and lending short term
c. borrowing and lending long term
d. borrowing long term and lending long term
e. very little borrowing
A
Economics
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What two parts of the government determine the federal budget?
A) the Congress and the President B) the Congress and the Federal Reserve C) the Federal Reserve and the FOMC D) the U.S. Treasury and the Federal Reserve E) the President and the Federal Reserve
Economics
The banking industry is heavily regulated because
A. banking is a monopoly industry. B. most banks are owned by government agencies. C. bankers do what is best for their stockholders, not necessarily what is best for the economy. D. All of these responses are correct.
Economics