Which of the Following Statements Is True

question 40

Multiple Choice

Which of the following statements is true?

• A)Australian banks' decreased reliance on off-shore funding post GFC led to funding pressures and increased the costs of obtaining funds.
• B)Australian banks' increased reliance on off-shore funding post GFC led to funding pressures and increased the costs of funding.
• C)Australian banks reduced their reliance on on-shore funding in an effort to reduce the costs of funding and ease pressure on mortgage interest rates.
• D)Australian banks increased their reliance on on-shore funding post GFC which led to funding pressures and increased the costs of obtaining funds.

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Definitions:

Attitudes

A learned tendency to evaluate things in a certain way, which can include people, issues, objects, or events.

Low-Balling

A sales tactic where an initially low price is offered to lure in customers, only to increase it by revealing additional costs or fees later.

Cognitive Dissonance

The mental discomfort experienced by an individual who holds two or more contradictory beliefs, ideas, or values at the same time.

Private Behaviors

Actions that individuals engage in away from the public eye or scrutiny, reflecting personal preferences or desires.