Wednesday, November 2nd, 2011
1. In a live interview on CNBC, Fifth Third Bancorp CEO Kevin Kabat said the bank increased its third quarter earnings through:
A. Correct Answer: “Loan growth, expansion of the margin”
B. “Superior customer service, improved volume”
C. “Aggressive cost-cutting, timming jobs”
D. “Acquisitions, strong trading results”
2. How much did UK gross domestic product grow in the third quarter, according to a report from the Office for National Statistics released this week?
A. 0.1 percent
B. 0.2 percent
C. Correct Answer: 0.5 percent
D. 1.0 percent
3. Inflation in China is still running high but latest manufacturing data shows slowing growth. What do analysts at HSBC and RBC say should be China’s monetary stance?
A. Tighten Policy
B. Ease Policy
C. Correct Answer: Targeted Easing
D. Strengthen Policy