U.K. Credit Rating Cut to AA by S&P With Negative Outlook
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Business
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the new credit rating given to the United Kingdom by Standard and Poor's?
BBB
AA
AAA
A
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the bond market react to the UK's credit rating downgrade?
Gilt yields remained stable
Gilt yields increased significantly
Gilt yields were unaffected
Gilt yields dropped below 1%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the reaction of the British pound to the credit rating news?
It surged to new highs
It remained stable
It experienced the biggest two-day loss ever
It gained 3% in value
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which other countries were mentioned as having record low yields similar to the UK?
China and India
Canada and Australia
Japan and Germany
France and Italy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the significance of losing a AAA credit rating for a country?
It leads to immediate economic collapse
It indicates a strong economic position
It has no impact on the country's economy
It is considered a loss of prestige
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