As the Recession in the Euro Area Appeared to End

question 39

Multiple Choice

As the recession in the euro area appeared to end on mid-2009, to address a perceived weakness in the Irish banking system, the Irish government did what?

• A)It decreed that all debts of Irish banks were being canceled.
• B)It decreed that Irish banks would thereafter pay not more than 3 percent per annum on deposits.
• C)It decreed that it would loan Irish banks the equivalent of 3 billion U.S.dollars.
• D)It decreed that the Irish government would guarantee all deposits and debts of the largest Irish banks.

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Definitions:

Affiliation

The connection or association of an individual with a group or organization.

Stereotyping

The act of ascribing specific behaviors, abilities, or attributes to individuals solely based on their membership in a particular social group.

Prejudice

A preconceived opinion or judgment formed without adequate knowledge or justification, often based on stereotypes.

Prejudice

A preconceived opinion or judgment without sufficient knowledge, often leading to stereotyping and discrimination based on characteristics such as race, gender, and age.