Question

    Which of the following term is used in banking and finance to describe businesses that have a significant economic impact on the global economy and whose failure could result in worldwide financial crises?

    A Very Big to Fail Correct Answer Incorrect Answer
    B To High to Fail Correct Answer Incorrect Answer
    C Many Big to Fail Correct Answer Incorrect Answer
    D Too Big to Fail Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Too Big to Fail (TBTF) is a term used in banking and finance to describe businesses that have a significant economic impact on the global economy and whose failure could result in worldwide financial crises.

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