Answered: The type of credit insurance that…

The type of credit insurance that landed AIG into trouble in 2008 is known as Question 8 options: a) insurance rate swaps. b) credit default swaps. c) default insurance. d) monoline insurance.

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter19: The Basic Tools Of Finance

Section: Chapter Questions

Problem 2QR

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Question

The type of credit insurance that landed AIG into trouble in 2008 is known as

Question 8 options:

a)	insurance rate swaps.

b)	credit default swaps.

c)	default insurance.

d)	monoline insurance.

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