PASSAGE FOUR [br] What did the stages of the debt cycle include?Moratoriums，infl

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问题 PASSAGE FOUR [br] What did the stages of the debt cycle include?

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答案 Moratoriums，inflation，and defaults．

解析债务周期包含哪几个阶段?文章中第六段第二句有本题的明确答案：Moratoriums，inflation，and defaults became stages of the debt cycle。

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