When Financial Institutions Go on a Lending Spree and Expand

question 11

Multiple Choice

When financial institutions go on a lending spree and expand their lending at a rapid pace they are participating in a

• A)credit boom.
• B)credit bust.
• C)deleveraging.
• D)market race.

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Definitions:

Upper Mantle

The portion of the Earth's mantle that lies beneath the lithosphere, involved in tectonic processes and convection currents.

Lower Mantle

The lower mantle is the region of the Earth's interior between the core-mantle boundary and the upper mantle, characterized by high temperatures and pressures, composed mostly of silicate minerals.

Outer Core

The molten outer part of Earth’s core, extending from a depth of 2,900 km to 5,100 km.

Inner Core

The solid central part of Earth’s core, extending from a depth of about 5,100 kilometers to the center of Earth (6,371 kilometers); its radius is about one-third of the whole core.