Which of the following statements best describes Goldman Sachss track record in investment banking acquisitions?

	a.	Its current CEO David Solomon has only executed very small deals, below $3 billion.
	b.	Goldman Sachs culture and history makes big transformational mergers difficult or impossible.
	c.	Goldman Sachs has made small acquisitions in targets outside the US.
	d.	A & B
	e.	A, B & C.

It is difficult for consumer spending in China to replace the slowdown in exports and government infrastructure spending to maintain its GDP growth rate at the 8 to 10% level it enjoyed a decade ago. Which of the following statements is not accurate about the Chinese consumer?

	a.	Chinese consumer spending has decelerated because 70% of household wealth is tied up to in property and property prices have fallen sharply when the current bubble burst.
	b.	Chinese consumers save a high proportion of their income 44%.
	c.	Chinas one child policy makes it impossible for workers to rely on an extended family network after retirement. This makes them eager to save and not spend in their working years.
	d.	The strict Covid lockdowns in major Chinese cities have not impacted consumer spending.
	e.	Chinese consumers save so much because they are unsure of old age pensions and healthcare expenses.

Abu Dhabis ADIA, Saudi Arabias Public Investment Fund (PIF), Singapore Temasek and Kuwaits Kuwait Investment Authority (KIA) are all examples of:

	a.	Corporate bond funds
	b.	Mutual funds
	c.	Central banks
	d.	Sovereign wealth funds
	e.	Pension funds