A Possible Sequence for the Three Stages of a Financial

question 31

Multiple Choice

A possible sequence for the three stages of a financial crisis might be ________ leads to ________ leads to ________.

• A)asset price declines;banking crises;unanticipated decline in price level
• B)unanticipated decline in price level;banking crises;increase in interest rates
• C)banking crises;increase in interest rates;unanticipated decline in price level
• D)banking crises;increase in uncertainty;increase in interest rates

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Definitions:

Language-like

Pertaining to systems or behaviors that resemble human language in complexity or structure.

Armadillos

A group of New World placental mammals known for their leathery armor shell.

Chimpanzee

A species of great ape native to the forests and savannahs of tropical Africa, known for its intelligence and complex social behaviors.

Parrot

A type of bird known for its ability to mimic sounds and speech.