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valputin valputin
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8 years ago
Lessons that economists and policy makers have learned from the recent global financial crisis include
A) The cost of cleaning up after a financial crisis is very high.
B) Developments in the financial sector have a far greater impact on economic activity than was earlier realized.
C) The zero lower bound on interest rates can be a serious problem.
D) Price and output stability do not ensure financial stability.
E) All of the above.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
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#2
8 years ago
This is great!
Our course uses > The Economics of Money, Banking and Financial Markets
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#3
8 years ago
@valputin,

Happy to help Slight Smile
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