Which of the following led to the U.S.financial crisis of 2007-2009?
A) Financial innovation in mortgage markets
B) Agency problems in mortgage markets
C) An increase in moral hazard at credit rating agencies
D) All of the above
E) only A and B of the above

Question

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The Answer of Which of the following led to the U.S.financial crisis of 2007-2009?
A) Financial innovation in mortgage markets
B) Agency problems in mortgage markets
C) An increase in moral hazard at credit rating agencies
D) All of the above
E) only A and B of the above

Which of the Following Led to the U