Question: Recent financial crises have resulted from a. Sharp declines in asset prices b. Affected financial institutions having a mismatch between the maturity of their liabilities
Recent financial crises have resulted from
| a. Sharp declines in asset prices | ||||||||||||||
| b. Affected financial institutions having a mismatch between the maturity of their liabilities and the maturity of their assets | ||||||||||||||
| c. Uncertainty about the financial condition and liquidity of important financial institutions Because of the financial crisis
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