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One of the Trigger Points for the Financial Crisis of 2007-2009

question 141

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One of the trigger points for the financial crisis of 2007-2009 was that subprime borrowers defaulted when the interest on adjustable-rate mortgages went up.


Definitions:

Pretreatment-Posttreatment Cohort Design

A study design where a cohort is observed over time, with measurements taken both before and after an intervention to assess its impact.

Reversed-Treatment Pretest-Posttest Cohort Design

An experimental design where the order of treatment conditions is reversed for different cohorts, allowing assessment of treatment effects over time.

Time Series

A time series is a sequence of data points, typically measurements taken at successive times spaced at uniform time intervals, used to analyze trends, patterns, and predictions in data over time.

Variable

An element, feature, or factor that is liable to vary or change.

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