Recent financial crises have resulted from
A) Sharp declines in asset prices
B) Affected financial institutions having a mismatch between the maturity of their liabilities and the maturity of their assets
C) Uncertainty about the financial condition and liquidity of important financial institutions
D) All of the above

Question

Quizplus · Accepted Answer

Recent financial crises have been caused by a combination of sharp declines in asset prices, mismatches in the maturity of liabilities and assets in financial institutions, and uncertainty about the financial condition and liquidity of key financial institutions.

Recent Financial Crises Have Resulted from