To the Extent That Low Interest Rates Contributed to the U.S

question 20

Multiple Choice

To the extent that low interest rates contributed to the U.S. financial crisis of 2008-2009, the blame for this policy lies with:

• A)the Federal Reserve.
• B)investment banks.
• C)rating agencies.
• D)mortgage brokers.

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Definitions:

Administrative Costs

Expenses related to the general operation of a business, such as salaries of executive officers, legal and regulatory compliance costs, and office supplies.

Marine Transport

The movement of goods or people using sea routes, involving vessels like ships and boats, integral to global trade and commerce.

Truckload (TL) Shipments

Transportation of goods where the entire truck is booked for a single shipment.

Hauling Large Tonnage

The process of transporting large amounts of goods or material, typically measured in tonnes, over a distance.