Which of the Following Is Not One of the Causes

question 18

Multiple Choice

Which of the following is not one of the causes of the skyrocketing mortgage default rates that triggered the financial crisis in 2007-2008?

• A) Mortgage lending became very lax.
• B) Many people took on mortgages that they were simply incapable of repaying.
• C) Housing prices increased drastically.
• D) Real estate values started declining after having risen for many years.

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Definitions:

Connotative

Relating to the implied or associated meaning of a word or expression, beyond its explicit or dictionary definition.

Well-Being

The state of being comfortable, healthy, or happy.

Potential Bias

The possibility of prejudice or partiality in judgment, decision-making, or representation that could affect outcomes or data.

Official Statistics

Data collected and published by government agencies or other official organizations.