To the extent that low interest rates contributed to the U.S. financial crisis of 2008-2009, the blame for this policy lies with:
A)the Federal Reserve.
B)investment banks.
C)rating agencies.
D)mortgage brokers.

Question

Quizplus · Accepted Answer

The Federal Reserve is responsible for setting interest rates, and its policy of maintaining low interest rates contributed to the housing bubble and subsequent financial crisis.

To the Extent That Low Interest Rates Contributed to the U.S