How do bank failures cause the economy to go into recession?

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Principles Of Economics

ISBN: 9781506699868

2nd Edition

Authors: OpenStax

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Question Posted: Oct 31, 2023 09:41 AM

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How do bank failures cause the economy to go into recession?

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Bank failures can contribute to economic recessions in several ways Credit Crunch When banks fail they often lead to a reduction in the availability o...View the full answer

Principles Of Economics

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