Financial crises cause failures of financial intermediaries and leave only secur

Question

Financial crises

cause failures of financial intermediaries and leave only securities markets to channel funds from savers to borrowers.

are a recent phenomenon that occur only in developing countries.

invariably lead to debt deflation.

All of these.

None of these.

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 these.

E

None of these.

Explanation / Answer

Financia crises means

D all the above

it includes

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.

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.

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