Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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With proper explanation please

Transcribed Image Text:4.
Which of the following statements is true of the
so-called "shadow banking" sector ahead of the
U.S. financial crisis?
Select one:
A.
The regulatory structure of "shadow banking".
had kept pace with the financial innovation of the
prior twenty-five years
В.
A significant amount of financing and financial
innovation was being done in the "shadow
banking" sector
С.
It would not be legitimate to place any blame for
the U.S. financial crisis on "shadow banking,"
since this crisis would likely have occurred
anyway
D.
Each of these answers is correct
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