5/5/26, 12:55 AM Quiz 5 (covering Global Financial Crisis): Spring 2026-IE 420-Financial Engineering-Sections GO, UO
Quiz 5 (covering Global Financial Crisis)
Due Apr 29 at 11:59pm
Points 10
Questions 46
Time Limit None
Attempt History
Attempt Time Score
LATEST Attempt 1 24 minutes 10 out of 10
Score for this quiz: 10 out of 10
Submitted Apr 29 at 6:25pm
This attempt took 24 minutes.
Correct answer
Question 1
pts
In the lecture, the older banking model is described as one in which local banks usually made mortgages
to:
Local customers they knew
Only large corporations
Foreign governments
Stock traders
Correct answer
Question 2
pts
In the older banking model described in the lecture, banks usually kept mortgage loans:
In hedge funds
On their own books
At the Federal Reserve
In foreign banks
Correct answer
Question 3
pts
https://canvas.illinois.edu/courses/65661/quizzes/414633 1/13
, 5/5/26, 12:55 AM Quiz 5 (covering Global Financial Crisis): Spring 2026-IE 420-Financial Engineering-Sections GO, UO
According to the lecture, one major lesson of the Great Depression was that banks had been engaging
in:
Too much consumer saving
Too little lending
Too much international trade
Risky activities
Correct answer
Question 4
pts
The Glass-Steagall Act was intended to separate:
Mortgage and auto lending
Commercial and investment banking
Domestic and international banking
State and federal taxes
Correct answer
Question 5
pts
In the lecture, commercial banking is most closely defined as:
Managing mutual funds only
Accepting deposits and issuing loans
Insuring corporate bonds
Trading oil futures
Correct answer
Question 6
pts
In the lecture, investment banking includes helping companies and governments:
Issue new debt and shares
Set Treasury yields
Print money
Collect mortgage payments directly
Correct answer
https://canvas.illinois.edu/courses/65661/quizzes/414633 2/13
Quiz 5 (covering Global Financial Crisis)
Due Apr 29 at 11:59pm
Points 10
Questions 46
Time Limit None
Attempt History
Attempt Time Score
LATEST Attempt 1 24 minutes 10 out of 10
Score for this quiz: 10 out of 10
Submitted Apr 29 at 6:25pm
This attempt took 24 minutes.
Correct answer
Question 1
pts
In the lecture, the older banking model is described as one in which local banks usually made mortgages
to:
Local customers they knew
Only large corporations
Foreign governments
Stock traders
Correct answer
Question 2
pts
In the older banking model described in the lecture, banks usually kept mortgage loans:
In hedge funds
On their own books
At the Federal Reserve
In foreign banks
Correct answer
Question 3
pts
https://canvas.illinois.edu/courses/65661/quizzes/414633 1/13
, 5/5/26, 12:55 AM Quiz 5 (covering Global Financial Crisis): Spring 2026-IE 420-Financial Engineering-Sections GO, UO
According to the lecture, one major lesson of the Great Depression was that banks had been engaging
in:
Too much consumer saving
Too little lending
Too much international trade
Risky activities
Correct answer
Question 4
pts
The Glass-Steagall Act was intended to separate:
Mortgage and auto lending
Commercial and investment banking
Domestic and international banking
State and federal taxes
Correct answer
Question 5
pts
In the lecture, commercial banking is most closely defined as:
Managing mutual funds only
Accepting deposits and issuing loans
Insuring corporate bonds
Trading oil futures
Correct answer
Question 6
pts
In the lecture, investment banking includes helping companies and governments:
Issue new debt and shares
Set Treasury yields
Print money
Collect mortgage payments directly
Correct answer
https://canvas.illinois.edu/courses/65661/quizzes/414633 2/13
