Which of the following is true of a banking crisis? A. It leads to in
QUESTION
Which of the following is true of a banking crisis?
A. It leads to individuals and companies withdrawing their deposits from banks.
B. It results in a sharp appreciation in the value of the currency.
C. It happens due to a decline in domestic borrowing.
D. It occurs due to asset price deflation.
E. It results in low government deficits.
ANSWER
A
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