Which of the Following Contributed to the Crisis of 2008

question 93

Multiple Choice

Which of the following contributed to the crisis of 2008?

• A) a doubling of the price of imported oil during 2007-2008
• B) a sharp increase in the price of housing during 2008
• C) inclement weather in 2008
• D) falling resource prices and a reduction in the cost of production

---

Definitions:

Impeller

The driving member of a torque converter torus; the impeller is mechanically connected to the engine crankshaft and should rotate at the same speed.

Lock-up Clutch

A mechanism used in automatic transmissions that locks the engine directly to the transmission's output, improving fuel efficiency and performance.

Overrunning Clutch

A drive-protection mechanism that prevents a drive member from being driven; for instance, after a starter motor has started the engine, the overrunning clutch prevents the engine from driving the starter and damaging it.

Flex Plate

A metal disc that connects the engine to the torque converter in automatic transmissions, allowing power transfer.