Credit Crunch Quiz
Oh no, I can't get a mortgage. 10 Questions.
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When did the late 2000s credit crisis really begin?
In which country did the credit crunch start?
In America, Fannie Mae & Freddie Mac were subject to a federal takeover. But what were Fannie Mae & Freddie Mac?
leaders in the motor industry
American investment banks
Which of the following banks was one of the first high-profile victims of the credit crunch?
What is "quantitative easing"?
government-funded cheap loans from banks
the government printing money
In 2008, which European country saw all three of its major banks nationalised, its stock market plunge 90%, and threatened national bankruptcy?
In September 2008, HBOS merged with which other British bank?
December 2008 saw which high street stalwart finally go under?
Christmas Eve 2008 saw which two British chains go out of business?
Marks & Spencers & Tower Records
Adams & Woolworths
Zaavi & Whittards
Very simply, what is deflation?
low interest rates
an decrease in the real value of money
greater amounts of money around
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