Responding to the Financial Crisis, the Australian Government Introduced a Number

question 55

Multiple Choice

Responding to the financial crisis, the Australian government introduced a number of measures to ease liquidity issues and included the following:

• A)a permanent financial claims scheme (FCS) in October 2008, which explicitly guaranteed bank deposits with a $1 million cap
• B)a semi-permanent financial claims scheme (FCS), which implicitly guaranteed bank deposits
• C)a permanent guarantee scheme for large deposits and wholesale funding which, for a fee, guaranteed bank deposits greater than $1 million
• D)a permanent financial claims scheme (FCS) in October 2008, which explicitly guaranteed bank deposits with a $1 million cap; the guarantee was reduced to $250 000 per depositor from 2012

Explain the impact of changes in market price on the firm's production decisions and economic profits or losses.

Interpret graphical representations of firms’ costs, revenues, and profits to determine the optimal level of production and financial outcomes.

Understand the principles and effectiveness of psychological interventions following traumatic events.

Recognize the impact of personality and belief systems on the susceptibility and response to stress disorders.

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Definitions:

Receptor Potentials

The electrical potential changes occurring in sensory neurons’ receptors in response to stimulating agents, leading to the generation of action potentials.

Sensory Adaptation

The condition in which the response to a stimulus is reduced even though the stimulus continues at the same intensity.

Membranous Labyrinth

A complex system of fluid-filled tubes and sacs found within the inner ear, crucial for balance and hearing.

Semicircular Canals

The passages in the vertebrate inner ear containing structures that control the sense of equilibrium (balance).