CLEAN : Economics Nobel winner says world better prepared for crisis than in 2008
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Business
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10th Grade - University
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Practice Problem
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is emphasized as crucial for the banking sector in response to monetary policy changes?
Increasing interest rates
Expanding globally
Maintaining a healthy perception
Reducing bank branches
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who were the economists recognized for their work on banks and financial crises in the 1980s?
Three economists working independently
Two economists working together and one independently
A single economist with groundbreaking work
Four economists collaborating on a single paper
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was lacking in banking theory before the contributions of the 1980s economists?
A coherent theory explaining bank functions
Interest in the banking sector
Technological advancements in banking
Regulatory frameworks
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do the new theories help in managing risks in the banking sector?
By mandating specific actions for banks
By focusing solely on interest rates
By providing a set of options for regulators
By eliminating all risks
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main benefit of the new understanding of banking risks for everyday people?
Higher interest rates on savings
Reduced risks of financial crises
Increased bank profits
More bank branches in rural areas
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