17-3 During the financial crisis of 2008,liquidity problems were avoided as banks continued to provide lending to each other.

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The financial crisis of 2008 was characterized by a severe liquidity crisis where banks were unwilling to lend to each other due to concerns about the solvency of their counterparts. This lack of interbank lending led to a freeze in credit markets and a wider economic downturn.

17-3 During the Financial Crisis of 2008,liquidity Problems Were Avoided