In Response to the Credit Crisis of 2008-09, a Number

question 4

Multiple Choice

In response to the credit crisis of 2008-09, a number of central banks operated a policy of quantitative easing. Which of the following is likely to have occurred as a result of this quantitative easing?

• A) The rate of return on financial assets decreased.
• B) The rate of inflation reduced sharply.
• C) The rate of growth of GDP declined.
• D) The cost of financing through the issuance of shares and bonds increased.

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Definitions:

Patriarchy

A social system in which men hold primary power and predominate in roles of political leadership, moral authority, social privilege, and control of property.

Male Dominance

A societal construct where men are given more power and authority, permeating various aspects of life.

Feagin

A sociologist known for his work on racism and racial and ethnic relations in America.

White Supremacists

Individuals or groups who believe in the superiority of the white race over other races, often advocating for systemic racism and engaging in hate crimes.