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    Financial Markets and Institutions Study Set 1
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    Exam 8: Why Do Financial Crises Occur and
  5. Question
    Debt Deflation Refers to the Decline in Debt Values as Creditors
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Debt Deflation Refers to the Decline in Debt Values as Creditors

Question 3

Question 3

True/False

Debt deflation refers to the decline in debt values as creditors agree to lower interest rates as an alternative to defaults.

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