Which of the Following Contributed to the Dramatic Rise in Housing

question 115

Multiple Choice

Which of the following contributed to the dramatic rise in housing prices between 2002 and mid-year 2006?

• A)the low interest rate policy of the Federal Reserve
• B)the Fed's restrictive monetary policy,which led to high interest rates
• C)the tightening of loan standards by commercial lenders
• D)the substantial excess reserves of commercial banks

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Definitions:

Bipartisan Campaign Reform Act

A U.S. federal law enacted in 2002 aimed at regulating the financing of political campaigns, often referred to as the McCain-Feingold Act.

Political Action Committees

Organizations that collect funds to donate to political campaigns or to spend on ads in support of political causes or candidates.

Private Groups

Organizations or associations that operate independently of government control, often formed around common interests or goals.

Campaign Reform Act of 1974

The Campaign Reform Act of 1974 is a United States federal law that aimed to regulate the financing of political campaigns, introducing limits on monetary contributions and expenditures.