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Financial institutions typically own assets equal to about 10 times their actual worth.During the financial crisis of 2007-2009 some important financial firms were leveraged by more than:
Deadweight Loss
An economic inefficiency occurring when a market outcome does not maximize total surplus due to a distortion, like a tax or subsidy.
Tariff
A tax imposed by a government on imported goods, typically to protect domestic industries or to generate revenue.
Domestic Consumers
Persons or households in a nation acquiring goods and services for individual consumption.
Surplus
An excess of what is needed, often referring to goods, funds, or resources beyond what is used.
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