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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