Which of the following statements about the financial crisis that began in 2008 is true?
A)It was a great illustration of how interdependent national economies are.
B)Most economists agree that it originated in China.
C)It only lasted 3 weeks.
D)It only affected housing markets.

Question

Quizplus · Accepted Answer

The financial crisis that began in 2008 was a clear illustration of how interdependent national economies are, with the crisis spreading quickly from Wall Street to other countries around the world. Option B is incorrect as most economists do not agree that the crisis originated in China. Option C is also incorrect as the crisis lasted for several years. Option D is also incorrect as it affected not only the housing markets but also the banking and financial sectors.

Which of the Following Statements About the Financial Crisis That