One phase of the Crisis of 2008 was _____.
A) arbitrage
B) capital controls
C) displacement
D) underinflation

Question

Quizplus · Accepted Answer

Displacement refers to the shift of economic activity from one sector or region to another, and it played a significant role in the Crisis of 2008 as the housing sector boomed and then collapsed, causing significant disruptions in the broader economy. Arbitrage and capital controls are not directly related to this phase of the crisis, and underinflation is not a commonly used term in economic analysis of the crisis.

One Phase of the Crisis of 2008 Was _____