Lending to Governments Used to Be Seen as Relatively Risk-Free

question 9

Multiple Choice

Lending to governments used to be seen as relatively risk-free, but in the wake of the ____________ it became clear that for some governments, this was not the case.

• A) creation of the eurozone
• B) deregulation of the banking sector
• C) 2007-09 global economic crisis
• D) Brexit vote.

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Definitions:

Oxidizing Agent

A chemical substance that can accept electrons from another substance, thereby oxidizing the latter in a redox chemical reaction.

Carbon Monoxide

A colorless, odorless, and tasteless gas that is toxic to humans and animals when encountered in higher concentrations.

Oxygen

A chemical element (O) essential for most forms of life on Earth, critical for cellular respiration in organisms.

Zinc

A chemical element with symbol Zn and atomic number 30, it is a necessary mineral for human health, involved in various biochemical processes.