L21015

what is a subprime mortgage loan?

• a loan to people with low credit scores for day-to-day spending

• a loan with very low interest

• a loan to invest in the stock exchange

• a high interest loan to risky people to help them buy a house

when was the peak of the housing speculative bubble ?

• 2006

• 1928

• 2005

• 2010

Which of the following political outcomes was significantly influenced by the social unrest and economic disparities exacerbated by the 2008 financial crisis?

• The formation of the European Central Bank (ECB)

• The Brexit referendum result in 2016, driven by growing discontent with EU economic policies

• The creation of the European Stability Mechanism (ESM)

• The signing of the Paris Agreement on climate change in 2015

By how many percent has the number of temporary work permits issued by the United States fallen?

• 16

• 14

• 13

• 15

How does France avoid a decline in consumption?

• By anticipating crises, and selling their homes

• High saving rates

• By using their links with Elon Musk

• Making the black market legal

Which agreement was created to make banks stronger after the 2008 crisis?

• Basel III

• Solvency II

• MiFID

• The Schengen agreement

What is the triggering event of the economic instability before the crisis?

• Very high interest rate

• Very low interest rate

• Decrease of domestic consumption

• The meltdown of the automobile market

What is the climax of the crisis ?

• Everyone running in the streets to cash out their money

• The bankruptcy of Lehman Brothers bank

• Barack Obama election

• rise of oil prices

What rule limited the bank's speculative trading activities ? 

• Totus Rule 

• Volcker rule

• Limitative Rule 

• Chaining rule

What does the acronym QE stand for in economics? 

• Quick Earnings 

• Quantitative Easing

• Quantitative Earning 

• Quantitative Expansion