Which of the following is false?
A) Financial crisis occur with regular predictability.
B) Financial crisis have occurred in the past and will continue to occur in the future.
C) A debt deflation is a real decrease in debt burdens cause by falling incomes and prices and debt burdens that are denominated in dollars.
D) According to the financial instability hypothesis, in an extended period of recovery spending units forget the lessons of the past and take on more payments relative to their incomes.
Correct Answer:
Verified
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