Friday, December 2nd, 2011

1. According to Ilian Mihov, a professor of Economics at the INSEAD business school, Italy will have to refinance what percentage of its total debt in 2012.

A. 10%
B. Correct Answer: 20%
C. 15%
D. 25%

2. What major government official told a news conference on Thursday that the United Kingdom is preparing itself for a wide range of European financial crises?

A. Prime Minister David Cameron
B. Correct Answer: Bank of England Governor Mervyn King
C. Foreign Secretary William Hague
D. Chancellor of the Exchequer George Osborne

3. According to a new report, how many days delinquent is the average housing loan in foreclosure?

A. Correct Answer: 631 days
B. 463 days
C. 328 days
D. 202 days