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According to the sequential theory,
Financial Crisis
A broad term for a situation where financial assets suddenly lose a large part of their nominal value.
Discount Rate
The interest rate charged by central banks on loans they provide to commercial banks.
Reserves Interest
Interest earned on reserves held by banks at the central bank, influencing monetary policy and banking operations.
Government Securities
Financial instruments issued by a government to raise funds from investors, typically featuring lower risk and fixed interest payments.
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