As a Result of the Global Financial Crisis in 2008

question 35

Multiple Choice

As a result of the global financial crisis in 2008, _____

• A) U.S. interest rates fell and the cost of servicing U.S. debt decreased.
• B) U.S. citizens increased their purchase of foreign securities.
• C) U.S. chronic deficits increased and debt service costs overwhelmed the budget.
• D) debt issued by the U.S. government was judged to be the safest in the world.
• E) there was downgrading of the nation's credit risk by the chief credit-rating agency in 2011.

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Definitions:

Disciplined

Refers to the practice of training oneself to act in accordance with a set of rules or a code of behavior, often leading to improved efficiency or performance.

Rumours

Information or stories spread from person to person without confirmation of their truthfulness.

Demographic

Statistical data relating to the population and the particular groups within it, often used for targeted marketing or policy making.

Behavioural

Relating to the actions or reactions of an individual or group in response to external or internal stimuli.