Generally, When There Is a Financial Crisis, It

question 53

Multiple Choice

Generally, when there is a financial crisis, it:

• A)becomes a vicious downward cycle.
• B)is made worse if it causes a recession.
• C)precipitates a decline in asset prices.
• D)All of the Answer s are correct.

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Definitions:

Amount Of Commitment

The degree of dedication or obligation an individual feels towards a cause, activity, or relationship.

Don't Know What To Do

A state of uncertainty or confusion about the course of action to be taken in a situation.

Emergencies Occur Suddenly

A statement describing how emergencies arise without warning, requiring immediate action.

Diffusion Of Responsibility

a socio-psychological phenomenon whereby individuals are less likely to take action or feel a sense of responsibility in the presence of a large group of people.