Moody's Cut Australia's 'Big Four' Banks

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Business, Performing Arts, Life Skills
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the main economic challenges currently faced by Australia?
Record household debt and low wage growth
Decreasing labor market participation
High inflation and low unemployment
Strong economic growth and high consumer confidence
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential risk mentioned in the first section regarding Australia's economy?
A systemic crisis due to low consumer spending
A systemic crisis due to high inflation
A systemic crisis due to debt leverage
A systemic crisis due to high unemployment
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which global economic trend is also affecting Australia?
High inflation rates
Low wage growth
Rapid technological advancement
Increasing unemployment
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What positive sign is mentioned regarding the Australian labor market?
Tightening labor market
Rising consumer spending
Decreasing unemployment rates
Increasing wage growth
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a concern for the banking sector in Australia?
Increasing mortgage defaults
Decreasing interest rates
High inflation
Rising household debt
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