An immediate cause of the 2008 financial crisis was:
A) a housing bubble that burst.
B) new legislation that reregulated the banks.
C) excessive borrowing by a group of developing countries.
D) the discovery of a massive Ponzi scheme by a well-known New York financier.
Correct Answer:
Verified
Q2: Following the Asian financial crises in the
Q3: Which of the following contributed to the
Q4: Which of the following contributed to the
Q5: Among the consequences of the 2008-2009 global
Q6: At the start of the twenty-first century,
Q8: The collateralized debt obligations (CDOs) that were
Q9: The 2008-2009 global financial crisis has:
A) revealed
Q10: Credit default swaps:
A) are a type of
Q11: The 1933 Glass-Steagall Act:
A) limited savings banks
Q12: Which of the following statements about the
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