Banking Crises Are

question 205

Multiple Choice

Banking crises are:

• A)not very harmful to the real economy, since money is neutral in the long run.
• B)typically followed by recessions.
• C)typically the beginning of long periods of economic growth.
• D)usually over with very quickly.

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Definitions:

Humor

A quality of being amusing or entertaining, often expressed through jokes, comedy, or playful behavior.

Catastrophic Thinking

An irrational thought pattern where one assumes the worst possible outcome will occur, often seen in anxiety and depression.

Rational Analysis

The process of evaluating problems and making decisions based on logical reasoning and factual evidence.

Catastrophic Thinking

The irrational belief that something is far worse than it actually is, which can increase anxiety and worsen decision-making.