Which of the following factors was NOT one of the reasons why a recession started in 2008?

Question

Quizplus · Accepted Answer

While the other factors listed (the collapse of the real estate speculative bubble, the rise in oil prices, and financial fraud in the industry) all played a role in the 2008 recession, there was not a significant spike in interest rates leading up to the recession. Instead, interest rates were lowered in an attempt to stimulate economic growth.

Which of the Following Factors Was NOT One of the Reasons