The financial crisis that started in 2006 was magnified by which of the following?
A)Public concern over the war in Afghanistan
B)Consistently increasing oil and gas prices
C)Ethical issues affecting high value investment
D)Mortgage lenders securitizing large quantities of their loans

Question

Quizplus · Accepted Answer

The financial crisis that started in 2006 was magnified by mortgage lenders securitizing large quantities of their loans. This led to an overinflation of the housing market, which eventually crashed and caused a ripple effect throughout the entire financial system. The other choices listed may have contributed to economic instability, but were not the main factor magnifying the crisis.

The Financial Crisis That Started in 2006 Was Magnified by Which