Which of the Following Contributed to the Financial Crisis of 2008

question 156

Multiple Choice

Which of the following contributed to the financial crisis of 2008?

• A) The housing price boom (2002-2005), followed by a housing price bust (2007-2008).
• B) A sharp reduction in stock prices in 2008.
• C) A sharp increase in the price of crude oil from January 2007 to mid-year 2008.
• D) All of the above.

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