Which of the Following Was an Underlying Cause of the Economic

question 503

Multiple Choice

Which of the following was an underlying cause of the economic crisis of 2008?

• A) a failure of government to impose regulations on Fannie Mae, Freddie Mac, and other mortgage lenders
• B) the imposition of government regulations on Fannie Mae, Freddie Mac, and other lending institutions that eroded the conventional lending standards in place prior to the mid-1990s
• C) greedy mortgage lenders who extended risky loans to sub-prime borrowers even though the regulators were trying to limit these loans
• D) federal housing regulations that made it difficult for Fannie Mae, Freddie Mac, and other lending institutions to obtain sufficient loanable funds for the finance of housing construction

---

Definitions:

Final Stages

The last phase of a condition or disease, often characterized by severe symptoms and a significant decline in health.

Health Promotion

The process of enabling people to increase control over, and to improve, their health through lifestyle changes and preventive measures.

Testicular Examination

A physical exam of the testicles and the surrounding area to check for abnormalities such as lumps, changes in size, or pain, which can be indicative of conditions like testicular cancer.

Colon Cancer

A type of cancer that begins in the large intestine (colon), often detected through screening tests before symptoms appear.