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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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    The Failure of Ohio Life Insurance and Trust in 1857
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The Failure of Ohio Life Insurance and Trust in 1857

Question 25

Question 25

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The failure of Ohio Life Insurance and Trust in 1857 did not signal the start of a recession due to prompt actions by the Fed.

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