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22 August, 05:21

Which of the following has not been a source of past financial crises in the United States?

A. the bursting of an asset-price bubble

B. a spike in interest rates

C. severe government fiscal imbalances

D. mismanagement of financial liberalization or innovatio

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Answers (1)
  1. 22 August, 05:40
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    C. Severe government fiscal imbalances.

    Explanation:

    Fiscal imbalance alludes to a circumstance where the entirety of the future debt obligations of a government are not quite the same as the future income streams. The obligations and the income streams are estimated at their separate present qualities and will be limited at the hazard free rate in addition to a specific spread. Fiscal imbalances can occur for a government at some random time.
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