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Which of the Following Is an Actual Cause of the GFC

Question 2

Multiple Choice

Which of the following is an actual cause of the GFC?


A) The related very low saving rates in countries such as the USA and Australia.
B) Global imbalances in saving and borrowing, which allow high borrowing in one country to be financed by high saving in others.
C) Globalisation, which has greatly increased the extent to which an impulse arising in one country is transmitted around the world.
D) All of the above.

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