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Question
The financial system is inherently more unstable than most other industries due to the fact that:A. while in most other industries customers disappear at a faster rate, in banking they disappear slowly so the damage is done before the real problem is identified.
B. banks deal in paper profits, not in real profits.
C. a single firm failing in banking can bring down the entire system; this isn't true in most other industries.
D. there is less competition than in other industries.
Answer
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