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Questions
APS1050H F LEC0101 Broken Money Quiz
Single choice
According to the author, the problem of Broken Money caused by the mismatch between the durations of deposits and loans is: A. strictly technological. B. economic (e.g. lack of resources) and technological. C. political (e.g. lack of regulations) and technological. D. economic, political, and technological.
Options
A.A
B.B
C.C
D.D
View Explanation
Standard Answer
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Approach Analysis
The question asks about the author’s framing of the problem of Broken Money in relation to the mismatch between deposit and loan durations.
Option A: 'A. strictly technological.' This posits that the issue is purely a technical or engineering mismatch. In many discussions of financial systems, however, the problem is not confined to technology alone; it often involves broader systemic factors, so labeling it strictly technological is overly narr......Login to view full explanationLog in for full answers
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