Quantitative easing means a central bank buys government bonds and other assets to pump money into the economy when normal interest rate cuts are not enough.
After the 2008 global financial crisis, this tool was used widely. The US Federal Reserve, the Bank of England in the UK, and the Bank of Japan all ran large bond buying programs in the years that followed, each trying to boost growth and avoid deflation in their own economy.
Since each option, A, B and C, names a country that genuinely used quantitative easing, the only option that captures the full picture is D, All of the above.
Match the following airlines with the countries where they are headquartered.
| Airlines | Countries |
|---|---|
| 1. AirAsia | A. Singapore |
| 2. AZAL | B. South Korea |
| 3. Jeju Air | C. Azerbaijan |
| 4. Indigo | D. India |
| 5. Tigerair | E. Malaysia |