**Question 68: Global Financial Crisis Accountability**In our discussion on the Global Financial Crisis/ "Big Short", who was ultimately to blame for this crisis?a) Government b) Commercial banks c) Investment Banks d) Ratings agencies e) All of the above ---**Analysis of the Question:**This question seeks to identify the entities responsible for the Global Financial Crisis, often termed the "Big Short." Each option represents a key player in the financial system that contributed to the crisis in various capacities. The correct understanding of this question provides insights into the complex interplay of different financial institutions and their impact on global financial stability.

Commercial Banks: Commercial banks are those banks that accept deposits from the public and refund…

68) In our discussion on the Global Financial Crisis/"Big Short", who was ultimately to blame for this crisis? a) Government b) Commercial banks c) Investment Banks d) Ratings agencies e) All of the above

68) In our discussion on the Global Financial Crisis/"Big Short", who was ultimately to blame for this crisis? a) Government b) Commercial banks c) Investment Banks d) Ratings agencies e) All of the above

ENGR.ECONOMIC ANALYSIS

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ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

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