Which of these was NOT a cause of the 2007-2009 financial crisis?
A) Low interest rates encouraged a housing bubble.
B) Banks and other lenders lowered their quality standards for mortgage loans.
C) Congress enacted restrictive trade policies that failed to curb imports.
D) Investors and financial institutions bought assets that required an unsustainable rise in housing prices.

Question

Quizplus · Accepted Answer

Restrictive trade policies enacted by Congress were not a cause of the 2007-2009 financial crisis. The other options listed were factors that contributed to the crisis.

Which of These Was NOT a Cause of the 2007-2009