Which of the Following Reforms Was Suggested by the Crisis

question 65

Multiple Choice

Which of the following reforms was suggested by the Crisis?

• A) The role of credit rating agencies needs to be reconsidered.
• B) Hedge funds should be subject to greater regulation to increase their transparency.
• C) All of the above.
• D) All lending should come under a single regulator.

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Definitions:

Self-Interest

The pursuit of personal gain or advantage, often without regard for others.

Empathy

The capacity to enter into and understand the emotions of others.

Critical Thought

The process of independently analyzing, synthesizing, and evaluating information as a guide to behavior and beliefs.

Sensationalized Depictions

Exaggerated or dramatic portrayals of events or situations, often in media, to attract attention.