Most major financial crises in the United States have begun with
A) a sharp decline in interest rates.
B) a sharp stock market decline.
C) a sharp decline in bond values.
D) a strong improvement in banks' balance sheets.
Answer: B
Most major financial crises in the United States have begun with
A) a sharp decline in interest rates.
B) a sharp stock market decline.
C) a sharp decline in bond values.
D) a strong improvement in banks' balance sheets.
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.