What is/are the structural issues sited by Ben Bernanke that holding the economy back in 2012?

Select one:

a. Credit extensions

b. The mortgage market

c. All of the Answers

d. The housing market

e. None of the Answers

What does Ben Bernanke mean when he said that the 2008 crisis was like an old time bank crisis?

Select one:

a. None of the Answers

b. All of the Answers

c. That the crisis resulted from too may retail deposits

d. That the crisis is a result of short selling

e. That the crisis was a result of a bank run

What does short term funding mean for banks and what role did it have in the USA crisis of 2008?

Select one:

a. All of the Answers

b. Banks bought CDS to protect against rising rates

c. None of the Answers

d. Short term funding means that the banks were shorting or selling the bonds

e. Banks borrowing for a short period, e.g. 90 days

What is the key difference between the US central bank and that of the Bank of Canada?

Select one:

a. The Bank of Canada is more concerned about short term rates

b. The US central bank has a mandate to for inflation and full employment

c. None of the answers

d. The Bank of Canada worries more about the deficit

e. All the answers