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prodeco prodeco
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7 years ago
Wall Street CEO: "Deregulation of the banking and financial industry in the 1990s and early 2000s would not have led to recession if it hadn't been accompanied by the wide availability of cheap credit." Which of the following, if true, weakens the CEO's claim?
A) Historical and worldwide studies have shown that deregulation accompanied by expensive credit typically leads to expansion.
B) Historical and worldwide studies have shown that deregulation accompanied by expensive credit typically leads to recession.
C) Historical and worldwide studies have shown that regulation accompanied by investor overconfidence typically leads to recession.
D) Historical and worldwide studies have shown that deregulation accompanied by computerized trading typically leads to expansion.
E) Historical and worldwide studies have shown that cheap credit accompanied by computerized trading typically leads to recession.
Textbook 
Business: A Practical Introduction

Business: A Practical Introduction


Edition: 1st
Authors:
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weshonweshon
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7 years ago
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3 years ago
Thank you very much
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