The Dominant Feature of the US Economic Model Prior to the 2008

question 1

Multiple Choice

The dominant feature of the US economic model prior to the 2008 financial crisis was an inherently unstable combination of ________ and ________.

• A)excessively low savings; excessively high borrowing
• B)extreme financial deregulation; high government subsidies
• C)extreme financial regulation; excessively high borrowing
• D)excessively high borrowing; a housing market bubble

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Definitions:

Personal Preferences

Individual likes, dislikes, or choices that are specific to a person's tastes or desires.

Job Interview

A formal meeting between a job applicant and a potential employer to assess the applicant's suitability for a position.

Successful Preparation

The process of making ready or being made ready for use or consideration, especially in terms of achieving desired outcomes or success.

Managerial Philosophy

The set of beliefs and principles that guide a manager's decisions, actions, and interactions with team members and stakeholders.