nayizhenfeng

 

 

2、Which of the following are common traits of past financial shocks?

      I. There is an event that sets off a sharp decline in asset prices.

     II. A large number of firms fail or go out of business.

    III. Institutions become reluctant to grant credit.

    IV. A large number of firms seek to sell risky assets, leading to an excess supply of liquidity.

 

A) I, II, and III. 

B) II, III, and IV.  

C) I, II, and IV. 

D) I and III.