The Clinton Administration in the 1990s Contributed to the Economic

question 25

Multiple Choice

The Clinton administration in the 1990s contributed to the economic crisis that began in 2007 by ________.

• A) allowing predatory lending
• B) allowing commercial banks to function like investment banks
• C) expanding the derivatives market
• D) using low interest rates to initiate a housing boom in which prices rose far faster than income

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Definitions:

Hydroxyethyl

A functional group or moiety featuring an ethyl backbone attached to a hydroxyl group, often represented as -CH2CH2OH.

Oxirane

Another term for ethylene oxide, a three-membered cyclic ether (epoxide) with the formula C2H4O, used as an important industrial chemical and intermediate.

Bond Angle

The angle formed between two bonds at the atom where they meet, influencing the molecule's geometry.

Dimethyl Ether

An organic compound with the formula CH3OCH3, used as an aerosol spray propellant and a refrigerant.