Which of the Following Contributed Most to the Economic Crisis

question 89

Multiple Choice

Which of the following contributed most to the economic crisis that began in 2007?

• A) Deregulated commercial banks were allowed to take more risks than investment banks.
• B) Deregulated commercial banks were allowed to trade securities and take more risks than they had been in the past.
• C) Deregulated investment banks were allowed to trade securities and take more risks than they had been in the past.
• D) Deregulated investment banks were allowed to take more risks than commercial banks.

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Definitions:

Plagiarism

The act of copying someone else's work or ideas and presenting them as one's own without crediting the original source.

Summary

A brief statement or account that covers the main points of a more extensive document or presentation.

Paraphrase

The act of rewording text or speech to achieve clearer understanding, often to simplify or clarify meaning.

BP Oil Company

An international energy company known for exploring and producing oil and gas, headquartered in London, England.