Which of the following contributed to the financial crisis of 2008?
A)the housing price boom (2002-2005), followed by a housing price bust (2007-2008)
B)a sharp reduction in stock prices in 2008
C)a sharp increase in the price of crude oil from January 2007 to mid-year 2008
D)all of the above

Question

Quizplus · Accepted Answer

The financial crisis of 2008 was influenced by multiple factors, including the housing price boom and bust, a reduction in stock prices, and a sharp increase in crude oil prices, all of which contributed to economic instability.

Which of the Following Contributed to the Financial Crisis of 2008