According to the Dissenters, Who Criticized the Majority Report Issued

question 47

Multiple Choice

According to the dissenters, who criticized the majority report issued by the Financial Crisis Inquiry Commission (FCIC) , ________ was one of the essential causes of the crisis.

• A) traditional mortgages
• B) widespread failures in financial regulation
• C) breakdown in ethics
• D) the fall in housing prices

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Definitions:

Information Technologies

The use of computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.

Loose Collection

Loose Collection refers to a group of items or elements that are gathered together without a strict organization or structure.

Upper-level Executives

Senior managers within a business organization, typically responsible for decision-making and strategic planning.

Main Market

The principal or leading market place where securities, commodities, or goods are traded.