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Question
a lesson that we can take from \the inside job\ video is that markets are excellent self - regulators. true false
"The Inside Job" is a documentary that exposes the 2008 financial crisis. It shows that markets are not self - regulating. There were many unethical and irresponsible behaviors in the financial industry (such as excessive risk - taking, fraud in mortgage - backed securities, etc.) that led to the crisis. These behaviors were not effectively prevented by the market itself, indicating that markets need external regulation (like government regulations) rather than being excellent self - regulators.
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False