Which of the Following Contributed to the Nation's Economic Crisis

question 25

Multiple Choice

Which of the following contributed to the nation's economic crisis that began in 2007?

• A) The influence peddling scheme of the "Keating five" which led to a housing "bubble."
• B) Deregulation of financial institutions, which allowed them to engage in risky practices such as "subprime" mortgages.
• C) The collapse of hundreds of savings and loan institutions, which had a ripple effect throughout the American economic system.
• D) Overregulation of Wall Street, which began in the Clinton administration, eventually paralyzed credit markets.

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Definitions:

Malleus

A small bone in the middle ear that transmits sound vibrations from the tympanic membrane to the inner ear.

Semicircular Canals

Three fluid-filled tubes in the inner ear that help maintain balance by detecting rotations of the head.

Astigmatism

An imperfection in the curvature of the eye's cornea or lens, leading to blurred or distorted vision.

Cornea

The transparent front part of the eye that covers the iris, pupil, and anterior chamber, contributing to the eye's optical power.