Italy Shocks Markets With Tax on Banks' Windfall Profits

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Business, Social Studies
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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
Who announced the surprise move by Georgia Maloney's government?
Finance Minister Georgette
Deputy Minister Salvini
Prime Minister Maloney
Western Europe economy reporter
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the potential impact on bank earnings due to the government's decision?
No impact
19% impact
10% decrease
5% increase
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why were investors surprised by the government's policy?
The government had been careful not to upset markets.
The government had announced similar policies before.
The government had been unpredictable in the past.
The government had a history of high spreads.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was Salvini's role in the government's decision?
He supported and announced the decision.
He was indifferent to the decision.
He was unaware of the decision.
He opposed the decision.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected financial benefit for the government from this move?
2 billion in income
4 billion in income
1 billion in income
3 billion in income
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