In Response to the GFC and the Global Liquidity Crisis

question 35

Multiple Choice

In response to the GFC and the global liquidity crisis the Australian government introduced the following measure in 2008:

• A) A Financial Claims Scheme that provided coverage to all depositors in any financial institution.
• B) A Financial Claims Scheme that guaranteed bank deposits coverage to depositors up to a million dollars per depositor.
• C) A Financial Claims Scheme that guaranteed bank deposits coverage to depositors up to a million dollars per depositor and provided a temporary wholesale funding guarantee.
• D) All of the listed options are correct.

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Definitions:

Employee Hourly Wage

The amount of money paid to an employee for one hour of work.

Content

Information and experiences created and shared through various media to inform, entertain, or engage an audience.

Relative Pull

The degree to which a product, service, or content attracts interest or engagement in comparison to competing options.

Sales Conversion

Sales conversion is the process of turning a prospect or lead into a paying customer, often measured as a ratio or rate in the context of sales and marketing efforts.