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During the 2008 and 2011 Financial Crises in Spain and Italy

question 116

Multiple Choice

During the 2008 and 2011 financial crises in Spain and Italy, the spread between the interest rates on 10-year bonds issued by the governments of Italy and Spain and the interest rates on 10-year bonds issued by _____ was a measure of risk.


Definitions:

Employer Notification

The requirement for employers to inform their employees or governmental bodies about certain workplace changes, health and safety issues, or benefits entitlements.

Implied Contract

A contract created by the actions or gestures of the parties involved in the transaction.

Nondiscriminatory Manner

Acting or making decisions without bias, unfairness, or discrimination towards any individual or group.

Worker Adjustment and Retraining Notification

A U.S. labor law requiring most employers with 100 or more employees to provide 60-day advance notification of plant closings and mass layoffs.

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