The Collapse of Lehman Brothers in 2008 and the Impact

question 51

Multiple Choice

The collapse of Lehman Brothers in 2008 and the impact of the global financial crisis made it difficult for Australian banks to obtain off-shore funding.As a consequence banks pursued more stable sources of funds.These strategies include:

• A)increased use of wholesale long-term funding
• B)decreased use of wholesale long-term funding
• C)decreased holdings of liquid assets
• D)decreased use of wholesale long-term funding and increased holdings of liquid assets

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Definitions:

Ethnic Groups

Collections of people who share a common cultural background, ancestry, language, or social structure.

John Holland's Trait Measurement

A psychological theory that matches individuals’ personality types with corresponding career environments to help them find satisfying jobs.

Personal Orientations

An individual's characteristic patterns of thought, feeling, and behavior, including attitudes, values, and beliefs.

Social

Social relates to the way individuals interact with one another within a society, including behaviors, norms, and relationships.