A "flight to quality" in global asset markets in September and October 2008 caused an increase in the demand for ________.

Name: A "flight to quality" in global asset markets in September and October 2008 caused an increase in the demand for ________.
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Question

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A "flight to quality" generally refers to investors selling riskier assets and seeking safer havens. In this case, the increase in demand for dollar assets suggests that investors were seeking the relative safety of the US dollar.

A "Flight to Quality" in Global Asset Markets in September