Compared to the central bank response to the financial crisis in 2007-

Compared to the central bank response to the financial crisis in 2007-2009, the response to the Great Depression of the 1930s may be characterized as ________, while the response of Japan’s central bank to the banking crisis in the early 1990s merits

the label ________. A) hasty; sluggish
B) intrusive; tenacious
C) complacent; indulgent
D) corrupt; technocratic

ANSWER

C