Question

What was the policy action taken after the financial crisis of 2007?

a.

Implementing fixed exchange rates

b.

Averting a second Great Depression

c.

Reducing international cooperation

d.

Maintaining the status quo

Posted under IC 89 Management Accounting

Answer: (b).Averting a second Great Depression Explanation:The decisive policy action taken after the financial crisis of 2007 was to avert a second Great Depression.

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