All of the Following Are Possible Outcomes of a Financial

question 47

Multiple Choice

All of the following are possible outcomes of a financial crisis except

• A)bank failings and disintermediation.
• B)a recession.
• C)an increase in domestic consumption.
• D)depreciation or devaluation of a currency.

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Definitions:

Savings

Money that is set aside or stored for future use or emergencies, rather than spent immediately.

Invested

The act of allocating money or capital to an endeavor with the expectation of obtaining an additional income or profit.

Annuity

An annuity is a financial product that pays out a fixed stream of payments to an individual, typically used as an income stream for retirees.

Payments

Transactions made by individuals or entities to fulfill obligations or purchase goods and services.