English, asked by khushinegi189, 10 months ago

Telephonic conversation in financial crisis or economic crisis

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Answered by mandhra003
1

in a financial crisis, asset prices see a steep decline in value, businesses and consumers are unable to pay their debts, and financial institutions experience liquidity shortages. ... A financial crisis may be limited to banks or spread throughout a single economy, the economy of a region, or economies worldwide.

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