6) During the Financial Crisis many countries found themselves short of foreign reserves. So to makeup for these shortfalls of foreign reserves banks: a) borrowed in the international wholesale deposit market b) used domestic currency to fund most foreign denominated loans at longer maturities c) used domestic currency to fund most foreign denominated loans at shorter maturities d) did not create volatility in foreign exchange markets 7) Systemic risk in the financial system: a) is confined to the financial system only b) can have "knock-off" effects on macroeconomics c) can be dealt with by "microprudetial" regulation or regulation by individual central banks and governments d) was dealt with very well during the Financial Crisis 6) During the Financial Crisis many countries found themselves short of foreign reserves. So to makeup for these shortfalls of foreign reserves banks: a) borrowed in the international wholesale deposit market b) used domestic currency to fund most foreign denominated loans at longer maturities c) used domestic currency to fund most foreign denominated loans at shorter maturities d) did not create volatility in foreign exchange markets 7) Systemic risk in the financial system: a) is confined to the financial system only b) can have "knock-off" effects on macroeconomics c) can be dealt with by "microprudetial" regulation or regulation by individual central banks and governments d) was dealt with very well during the Financial Crisis