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    Exam 8: Why Do Financial Crises Occur and Why Are They so Damaging to the Economy
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    Prior to the Financial Crisis in Mexico in 1994, Mexico
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Prior to the Financial Crisis in Mexico in 1994, Mexico

Question 14

Question 14

Multiple Choice

Prior to the financial crisis in Mexico in 1994, Mexico ran a budget deficit of around ________ of GDP.


A) 120%
B) 40%
C) 15%
D) 1%

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