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    Financial Markets and Institutions Study Set 1
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    Exam 8: Why Do Financial Crises Occur and
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    Stage Three of a Financial Crisis in an Advanced Economy
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Stage Three of a Financial Crisis in an Advanced Economy

Question 17

Question 17

Multiple Choice

Stage Three of a financial crisis in an advanced economy features


A) a general increase in inflation.
B) debt deflation.
C) an increase in general price levels.
D) a full-fledged financial crisis.

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