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Contagion Between Banks Occurs When

Question 2

Multiple Choice

Contagion between banks occurs when:


A) the financial difficulties of one bank spread to others because of the interconnectedness between banks and the nature of the exchange settlement systems.
B) the financial difficulties of one bank spread to the whole economy because of the interconnectedness between banks and economy.
C) the financial difficulties of one bank spread to other non-bank financial institutions.
D) the financial difficulties of one bank spread to the central bank.

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