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Author Question: Devaluation can result from government action or an economic crisis. In August 1998, the Russian ... (Read 91 times)

fagboi

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on: Dec 2, 2019
Devaluation can result from government action or an economic crisis. In August 1998, the Russian economy imploded. As a result, all of the following listed events happened except:
◦ many Russians faced wage cuts and layoffs.
◦ the ruble plunged in value.
◦ the government defaulted on its foreign debt obligation.
◦ savings were wiped out as banks collapsed.
◦ Russia's economy did not recover from the impact.
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Marked as best answer by fagboi on Dec 2, 2019

abro1885

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Reply #1 on: Dec 2, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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fagboi

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Reply 2 on: Dec 2, 2019
:D TYSM

kthug

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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