A Possible Sequence for the Three Stages of a Financial

question 48

Multiple Choice

A possible sequence for the three stages of a financial crisis in an advanced economy 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

---

Definitions:

Single-subject Designs

Research designs that focus on the response of a single subject to a given intervention, useful for assessing individual behavioral responses.

Multiple Baselines

A research design used in behavioral analysis that involves comparing changes in behavior across different settings, times, or subjects.

Artificial Consequences

These are outcomes or sanctions that are deliberately created or imposed to modify behavior, rather than naturally occurring as a result of actions.

Naturally Occurring

An event, substance, or situation that exists or happens without human intervention.