Get reliable answers to your questions at Westonci.ca, where our knowledgeable community is always ready to help. Connect with a community of experts ready to help you find solutions to your questions quickly and accurately. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.
Sagot :
Answer:
True, contagion effect occurs when a failure of one leads to concerns among depositors about the solvency risk of the other dis.
Explanation:
Contagion
The spread of an economic crisis from one market or region to another—which might take place on a national or international scale—is referred to as a contagion. Since many of the same goods and services, particularly labor and capital goods, can be employed in a variety of markets and since almost every market is connected through monetary and financial systems, contagion can happen.
To learn more about contagion visit here:
https://brainly.com/question/15720064
#SPJ4
We appreciate your visit. Hopefully, the answers you found were beneficial. Don't hesitate to come back for more information. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.
