🎴 Flashcard Mode
Financial Stability and Systemic Risk
Card1 / 15
Mastered0
Review0
QuestionClick to flip
What is the primary objective of financial stability?
AnswerClick to flip back
A
To prevent financial crises.
💡 Explanation:
Financial stability aims to prevent financial crises by ensuring that the financial system is resilient to shocks and can withstand adverse economic conditions.