Why Did Many Economists Suspect a Credit Crunch Occurred in the Fall

question 86

Multiple Choice

Why did many economists suspect a credit crunch occurred in the fall of 1998?

• A)Interest rates rose sharply.
• B)The U.S. economy entered a recession.
• C)Banks curtailed lending to risky borrowers.
• D)Investment spending declined dramatically.

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Definitions:

Intestinal Mucosa

The innermost layer of the gastrointestinal tract, responsible for nutrient absorption and secretion.

Nutritional Assessment

The evaluation of various health/nutrition parameters to determine an individual's nutritional status.

Energy Balance

The relationship between the energy consumed through food and drink and the energy expended through physical activity and metabolic processes.

Body Mass Index

A measure of body fat based on height and weight that applies to adult men and women, calculated by dividing a person's weight in kilograms by the square of their height in meters.