The things that can be learned from the 1997/1998 Asian crisis are... a) Closing small banks in a crisis can cause a domino effect b) Closing small banks in a crisis can save the economy from the domino effect c) Private debt is not a risk to the economy as a whole d) There is no correct answer
The things that can be learned from the 1997/1998 Asian crisis are... a) Closing small banks in a crisis can cause a domino effect b) Closing small banks in a crisis can save the economy from the domino effect c) Private debt is not a risk to the economy as a whole d) There is no correct answer
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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The things that can be learned from the 1997/1998 Asian crisis are...
a) Closing small banks in a crisis can cause a domino effect
b) Closing small banks in a crisis can save the economy from the domino effect
c) Private debt is not a risk to the economy as a whole
d) There is no correct answer
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