Which of the Following Is Not a Program Initiated by World's

question 34

Multiple Choice

Which of the following is not a program initiated by world's major central banks during the financial crisis of 2007 to avoid a deep worldwide recession?

• A)Expansion of retail deposit insurance
• B)Capital injections
• C)Purchase of U.S. dollars
• D)Debt guarantees
• E)Asset purchases/guarantees

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Definitions:

Dominant Strategy

A tactic in game theory that remains optimal for an individual, irrespective of the choices made by their counterparts.

Annual Profits

The total profit a business earns over one financial year, calculated as the difference between its revenue and expenses during that period.

Good Quality Product

A product that meets or exceeds customer expectations in terms of durability, reliability, functionality, and satisfaction.

Tit-for-Tat Strategy

A cooperative strategy in game theory where a player's move is to replicate the opponent's previous action, often used in repeat interaction settings to promote cooperation.