Uncertainty During the GFC Led Some Banks in Australia to Increase

question 58

Multiple Choice

Uncertainty during the GFC led some banks in Australia to increase:

• A)cash holdings
• B)deposits in the inter-bank market
• C)ES funds
• D)reserves of money and bond market securities
• E)their borrowings from the RBA.

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Definitions:

Claim

A demand or request for something considered due, such as money, property, or enforcement of a legal right.

UCC Article 2

UCC Article 2 pertains to the sale of goods within the United States, setting forth the rights, responsibilities, and obligations of buyers and sellers.

Perishable Goods

These are items, especially foodstuffs, that are liable to spoil or decay and thus have a short shelf life, requiring careful handling and storage.

Destination

The place to which someone or something is going or being sent.