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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Definitions:

Stratified Random Sampling

A sampling technique that divides the population into distinct subgroups, or strata, and randomly selects samples from each stratum.

Standard Error

A measure of the variability or dispersion of a sample statistic, such as the sample mean, from the population mean.

Sampling Frame

The master list from which a sample is selected.

Population

Every individual or item of a type you want to study. The entire set of individuals or items from which a sample is drawn.