A financial crisis is:
A. a sharp increase in asset prices that prevents new investors from being able to afford to purchase assets.
B. a gradual decline in the value of a country's currency that leads to a prolonged economic downturn.
C. a sharp decline in asset prices that forces borrowers to sell off additional assets, further depressing prices.
D. a sharp drop in the unemployment rate, leading to hyperinflation.
Answer: C
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