In response to the GFC and the global liquidity crisis the Australian government introduced the following measure in 2008:
A) a financial claims scheme that provided coverage to all depositors in any financial institution
B) a financial claims scheme that guaranteed bank deposits coverage to depositors up to a million dollars per depositor
C) a financial claims scheme that guaranteed bank deposits coverage to depositors up to a million dollars per depositor and provided a temporary wholesale funding guarantee
D) All of the listed options are correct.
Correct Answer:
Verified
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