The Practice of the ECB and National Central Banks of Preventing

question 51

Multiple Choice

The practice of the ECB and national central banks of preventing massive bank failures after the financial crisis of 2008 had what effect on the affected economies?

• A) Prevention of bank failures greatly reduced the pain of the crisis for taxpayers.
• B) Prevention of bank failures ended up not saving most banks anyway.
• C) Banks resisted the takeover by the ECB and refused to make additional credit available.
• D) Governments financed the bailouts by issuing more domestic debt, which caused extreme fiscal problems.

---

Definitions:

Move Instruction

A programmable logic controller instruction that moves data from one location to another. Although a move instruction typically places the data in a new location, the original data still reside in their original location.

Source

The origin or starting point of something, such as a signal in an electronic system or data in computing.

Address

A code that indicates the location of data to be used by a program, or the location of additional program instructions.

Data

Information processed or stored by a computer. This can be in the form of text, numbers, photos, audio, and other types.