There Are Many Reasons Why There Was a Financial Crisis

question 1

Multiple Choice

There are many reasons why there was a financial crisis in 2007.The most significant event closely associated with this crisis is:

• A)the stock market crash
• B)the real estate bubble
• C)government overspending
• D)the use of financial hedging

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Definitions:

Hedonic Continuum

A spectrum that represents the range of experiences from pain to pleasure, underlying the principle that behaviors are motivated by the desire to increase pleasure and decrease pain.

Intensity

The magnitude or strength of a particular attribute, such as physical force, emotional feeling, or effort.

Duration

The length of time that something lasts or continues.

Sign

An object, quality, or event whose presence or occurrence indicates the probable presence or occurrence of something else.