Questions and Answers
An economic crisis is characterized by persistently low or negative GDP growth rate, high inflation rate, currency depreciation, debt repayment problems, and decline in investment performance.
True
Philippine banks' financial performance is not impacted by economic crises.
False
Minsky's Financial Instability Hypothesis is integrated into the study to understand the cyclical nature of financial stability.
True
The Philippines is immune to economic fluctuations.
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The study delves into the impact of economic crises on Philippine banks' financial performance.
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