Pearson eText Economics of Money, Banking and Financial Markets, The, Business School Edition -- Instant Access (Pearson+)
5th Edition
ISBN: 9780136879381
Author: Frederic Mishkin
Publisher: PEARSON+
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Chapter 10, Problem 5Q
To determine
Cost and benefits of the too-big-to-fail-policy
Concept Introduction:
Too-Big-to-fail- policy
Too-big to fail policy indicates that all the firms in a financial sector are interrelated to one another. If one huge disaster affects one of the firms, it could affect the entire economic system of a country.
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