During the economic collapse of 2020 many people had concerns about the stability of the financial system.

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During the economic collapse of 2020 many people had concerns about the stability of the financial system. As employment fell, many residents were unable to make mortgage, rent, car, or credit card payments. Many wondered: would we see another financial panic, like what occurred following the housing collapse in 2009? Explain how changes in regulations following the Great Recession helped prevent another bank run.

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Macroeconomics

ISBN: 9781319245269

6th Edition

Authors: Paul Krugman, Robin Wells

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