Exam 29: Crises and Consequences

Following a severe banking crisis, the average increase in the unemployment rate is:

Which of the following is an example of maturity transformation?

In the early 1990s banking crises occurred in Finland, Sweden, and Japan because:

Depository banks:

Following the 2008 financial crisis:

A sudden and widespread disruption of financial markets that occurs when people lose faith in the liquidity of financial institutions and markets is a(n):

As a consequence of the 2008 financial crisis, the economies of the United States and the European Union shrank by more than 25%.

During the early 1930s, approximately _____ of the banks in the United States failed.

By acting as a lender of last resort, the central bank:

An increase in the spread between interest rates on10-year bonds of Italy and Spain and interest rates on 10-year bonds of Germany indicates:

What is maturity transformation? Explain the difference between maturity transformation by depository banks and by shadow banks.

When private lenders learned the size of Greece's budget deficits and debt in 2009, they:

Which of the following is designed to prevent bank runs?

The Dodd-Frank bill affected derivatives by:

Severe banking crises are usually followed by deep recessions and slow recoveries.

In a banking crisis, banks are likely to hold more excess reserves than usual.

Most funds received by depository banks are:

The first bankers were:

The national banking era was the period:

Almost all major economies faced high unemployment and low growth following the 2008 financial crisis.