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In general, a financial crises has all of the following characteristics except _______________. a) Asset Price Declines b) Corporate Fraud c) Financial Institution Failure d)
In general, a financial crises has all of the following characteristics except _______________.
a) Asset Price Declines
b) Corporate Fraud
c) Financial Institution Failure
d) Liquidity Freeze
The bailout of banks were generally in the form of ________________.
a) Direct Investment in companies by the Fed and/or Treasury
b) Fiscal Expansion by the government
c) Lowering the reserve requirements on banks
d) Tax cuts on corporate income
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