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  3. Study Set
    Macroeconomics Policy and Practice
  4. Exam
    Exam 15: Financial Crises and the Economy
  5. Question
    Which of the Following Is Among the Possible Reasons That
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Which of the Following Is Among the Possible Reasons That

Question 1

Question 1

Multiple Choice

Which of the following is among the possible reasons that the 2007-2009 financial crisis did not result in an economic depression?


A) the declaration of a bank holiday by the nation's President
B) international policy coordination
C) strict reliance on conventional monetary policy
D) government spending restraint

Correct Answer:

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