The First Element of a Financial Crisis Is

question 156

Multiple Choice

The first element of a financial crisis is

• A)inflation.
• B)a decline in confidence in financial institutions.
• C)a relaxation of rules and regulations that pertain to the financial system.
• D)a large decline in some asset prices.

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Definitions:

Securities Commission

A Securities Commission is a regulatory body charged with enforcing laws concerning securities and protecting investors by ensuring the stock market operates fairly and transparently.

Online Bankers

Individuals or entities that perform banking activities through internet platforms, including transactions, loans, and account management.

Sports Fans

Individuals enthusiastically devoted to following and supporting athletic games and teams.

College Students

Individuals who are enrolled in an institution of higher learning, working towards earning a degree or certificate.