Multiple Choice
What did the panic of 1893 in the United States and the Swedish banking crisis of 1991 have in common?
A) Each was followed by a period of record high growth rates of real GDP.
B) Both were ended by aggressive monetary policies of the central bank.
C) Each was followed by a deep recession and slow recovery.
D) Both were caused by a real estate bubble.
Correct Answer:

Verified
Correct Answer:
Verified
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