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5. Why is a bank run so difficult to stop? 6. What is a financial panic and what can cause a financial panic? 7. DESCRIBE
5. Why is a bank run so difficult to stop? 6. What is a financial panic and what can cause a financial panic? 7. DESCRIBE how a financial panic can lead to loss of income and employment in sectors of the economy seemingly unrelated to the financial sector. 8. What does "lender of last resort" mean
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