Which of the Following Contributes the Least to the 2006

question 8

Multiple Choice

Which of the following contributes the least to the 2006 housing boom?

• A) Low interest rates
• B) Relaxed lending policies
• C) The increase in the US trade deficit
• D) The rise of securitized subprime mortgage-backed assets

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Definitions:

United States

A country located in North America, comprising 50 states, a federal district, five major self-governing territories, and various possessions.

Heritability

The proportion of variation in traits in a population that can be attributed to genetic variation among individuals.

IQ

Intelligence Quotient (IQ) is a measure used to assess human intelligence, derived from standardized tests.

Cultural Differences

The variations in practices, beliefs, and norms observed among various ethnic, regional, or national groups.