Financial Crises

question 38

Multiple Choice

Financial crises

• A) cause failures of financial intermediaries and leave only securities markets to channel funds from savers to borrowers.
• B) are a recent phenomenon that occur only in developing countries.
• C) invariably lead to debt deflation.
• D) all of the above.
• E) none of the above.

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Definitions:

Survivor Guilt

An emotional condition experienced by those who have survived a traumatic event, feeling guilt for having survived when others did not.

Challenging Situation

Circumstances that require novel solutions or responses, often perceived as difficult to overcome.

Lived Through

An expression describing having experienced or endured a significant event or period, often implying surviving difficulties or challenges.

Wash Away

Metaphorically refers to the act of eliminating or reducing something undesirable, such as guilt or negative emotions, through a symbolic or psychological process.