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What could have been done to avoid the global financial crisisi?
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- The figure shows the flows of expenditure and income on Lotus Island. In 2016, R was $7 billion; W was $39 billion; U was $10 billion; J was $20 billion; and Z was $7 billion Calculate total expenditure and total income. Total expenditure is $ billion. Total income is $ billion.Lowering the taxes on income can help in expanding the activities in the financial market. True or False?Explain one example of how the banking system or the financial market failed and caused economic collapse.
- During The 2007-2008 financial crisis, Sould government purchase the devalued paper, so that financial institution can clean up their balance sheet and prevent a collapse of the financial system?Use the Internet to learn what you can about Indonesia. a. Check the corruption index for Indonesia at http://www.transparency.org. b. What additional kinds of information are available from the following sources?Why compensation practices was creating a problem for the financial institutions?