Too big to fail” was a common buzz phrase during the Great Recession. The idea behind it is that certain businesses are

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answerhappygod
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Too big to fail” was a common buzz phrase during the Great Recession. The idea behind it is that certain businesses are

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Too big to fail” was a common buzz phrase during the GreatRecession. The idea behind it is that certain businesses are soimportant to an economy that disastrous consequences would resultif they were allowed to fail and so government intervention isnecessary. How is the concept of moral hazard relevant here?
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