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    Macroeconomics Policy and Practice
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    Exam 15: Financial Crises and the Economy
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    The Decline in Net Worth That Can Result from an Unanticipated
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The Decline in Net Worth That Can Result from an Unanticipated

Question 40

Question 40

Multiple Choice

The decline in net worth that can result from an unanticipated decline in the price level is known as ________.


A) a credit boom
B) deleveraging
C) a debt deflation
D) federal funds rationing

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