One Thing Is for Certain, the Average Borrower's Risk-Averse Behavior

question 285

True/False

One thing is for certain, the average borrower's risk-averse behavior did not contribute to the problems that spiraled out of control and caused the recent banking crisis.

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Definitions:

Amnesia

A condition characterized by memory loss, where a person cannot recall past experiences or learn new information.

Diagnostic and Statistical Manual of Mental Disorders

A handbook used by healthcare professionals as the authoritative guide to the diagnosis of mental disorders.

Physician's Desk Reference

A commercially published compilation of manufacturers' prescribing information on prescription drugs, updated annually.

Cultural Relativity

The need to consider the unique characteristics of the culture in which behavior takes place.