ECON 2 Lecture 6: Ch13 Saving, Investment, and the Financial System
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A financial crisis can lead to a recession because it can cause
Ā | investment and income to fall, lowering saving and increasing the money supply. |
Ā | wealth and saving to fall, lowering investment and increasing the money supply. |
Ā | wealth and income to fall, reducing spending and ultimately reducing employment. |
Ā | investment and saving to fall, increasing spending and ultimately employment. |