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From course:

Economics A Level (DONEEEEEEE)

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Question:

How can Financial Crisis make a normal Recession more Harmful

Author: eric_galvao



Answer:

-Not only it takes Longer for the Economy to Recover, the Systematic Risk creeps back up again -One Bank acting faulty can lead to the Breakup of the Banking System and quickly Spread. Confidence and Spending can cease to Exist which can affect the International World


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